Paragon Technologies' nine-month distribution net income falls 22% to USD 1.2 million

Distribution selling, general and administrative expenses rose 33% year over year to $5.75 million, primarily due to foreign exchange movements. Automation gross margin increased 20.2 percentage points to 40.1%, driven by disciplined expense management and improved pricing discipline. For 2027, management plans targeted marketing initiatives to increase awareness of SI’s products while continuing to focus on diversifying operations.