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Group revenue up 7.8%; EBITDA and Profit in Cash slightly ahead of Board expectations; and Market Capitalization still only 75% of annual revenue. Over time the numbers will speak for themselves.
It's a good update - really surprised that the markets and SP haven't reacted more positively. This seems to be an unloved & unnoticed share IMO. Really surprised at that too given IoT/cloud/5G is high profile emerging technology.
17% increase in IoT revenue!
Why is this all going unnoticed? Baffling to me.
GLA
LB
SP starting to tick up again now Brexit out of the way.....interesting to see what next trading update brings...especially if USA & China resolve trade dispute?
Telit's Innovative Module-Integrated Software and Services Wins Multiple Industry Awards in 2019
10/12/2019 1:00pm
PR Newswire (US)
Telit Communications (LSE:TCM)
Historical Stock Chart
1 Month : From Nov 2019 to Dec 2019
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LONDON, Dec. 10, 2019 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced that the company's innovative module-integrated software and services, Telit OneEdge, has garnered multiple prestigious industry awards since being announced in February 2019. Lauding its design for dramatically simplifying deployment, device management, connectivity and data management, the honors reflect Telit's dedication to helping organizations take advantage of the IoT and the new 5G super-connected world.
Telit Completes NTT DOCOMO Interoperability Testing for IoT Modules
16/12/2019 1:00pm
PR Newswire (US)
Telit Communications (LSE:TCM)
Intraday Stock Chart
Today : Monday 16 December 2019
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LONDON, Dec. 16, 2019 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced that it has successfully completed NTT DOCOMO interoperability testing for the LE910C1-AP and LE910C4-AP modules. Telit now has a total of ten IoT modules with NTT DOCOMO interoperability testing completed and available for IoT integrators and customers to leverage NTT DOCOMO's network.
LONDON, Jan. 6, 2020 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced that the LM960A18 PCI Express Mini Card (mPCIe) is certified by the major global mobile network operators, including the largest operators in North America. Launched in February 2018, Telit's state-of-the-art 4.5G data card remains the only 1Gbps-class LTE mPCIe module in the industry and is now available to be deployed worldwide. Supporting a wide range of frequency bands, the LM960A18 delivers 5G-like high-speed data rates via Advanced LTE and offers a cellular connection for products in network appliance environments. The LM960A18 Gigabit LTE data card offers a seamless 5G evolution path to Telit's FN980m 5G Sub-6 and mmWave data card. For more information about Telit's mobile broadband