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Benzinga
Benzinga
Business
Adam Eckert

Why ToughBuilt Industries Stock Is Surging After Hours

ToughBuilt Industries Nasdaq TBLT

ToughBuilt Industries Inc (NASDAQ:TBLT) shares are surging in Monday's after-hours session after the company reported 2021 financial results showing improvement year-over-year.

ToughBuilt Industries said fourth-quarter revenue increased 105% year-over-year to $24.6 million, which was in line with estimates. The company said full-year revenue grew 77.6% year-over-year to $70 million.

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