# Paragon Technologies Posts $0.24 Q3 EPS as Sales Fall to $38.543 Million

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/57047
Published: 2026-11-13T22:15:56.000Z
Updated: 2026-11-13T22:15:56.000Z
Section: Business

> Net income attributable to the company rose to $413,000 from $63,000 in the quarter ended Sept. 30, 2026.

Paragon Technologies posted third-quarter earnings per share of $0.24 as net sales fell year over year, with net income attributable to the company rising for the quarter ended Sept. 30, 2026.

Net sales were $38.543 million, down from $40.623 million in the same quarter a year earlier. Basic and diluted earnings per share were $0.24, compared with $0.04.

Net income attributable to Paragon increased to $413,000 from $63,000. Operating income was $629,000, compared with $532,000 a year earlier.

Paragon’s portfolio includes supply chain automation, distribution, real estate and investment activities; the company characterizes itself as diversified. PGNT is listed on the OTC Pink market.

For the first nine months of 2026, the company's automation business had a gross margin of 40.1%, compared with 19.9% in the corresponding 2025 period. Its backlog was approximately $2 million, down from approximately $2.4 million a year earlier.

“We are encouraged by the continued progress that has been made,” Paragon Technologies CEO Sham Gad said. Gad added that diversification would take time and that the company remained focused on that objective.