focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEthernity Net Share News (ENET)

Share Price Information for Ethernity Net (ENET)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.725
Bid: 0.65
Ask: 0.80
Change: -0.025 (-3.33%)
Spread: 0.15 (23.077%)
Open: 0.75
High: 0.75
Low: 0.725
Prev. Close: 0.75
ENET Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Enteq jumps as interim revenue more than doubles

Wed, 16th Nov 2022 10:48

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

----------

AIM - WINNERS

----------

Enteq Technologies PLC, up 12% at 9.50 pence, 12-month range 7.20p - 16.00p. For the six months that ended September 30, the oil and gas drilling technology company posts a pretax loss of USD766,000, narrowed from USD1.2 million loss a year prior. Revenue more than doubles to USD4.9 million from USD2.3 million, even as cost of sales jump to USD3.5 million from USD1.5 million. Explains that Measurement While Drilling revenue was up "significantly" against the previous year thanks to activity in North America. International sales, however, were limited due to a lagging recovery and ongoing lockdowns in China.

----------

Ethernity Networks Ltd, up 11% at 10.45 pence, 12-month range 0.084p - 11.00p. Wins a follow-on order worth USD340,000 from an existing customer in the US. Says its data processing system-on-chip device has been selected to support the customer's second-generation fixed wireless access base station node. This follows Ethernity providing the customer with a field programmable gate array system-on-chip device for use in its first-generation product base station fixed wireless access nodes. Expects to complete the delivery of the new device by the end of the first half of 2023. The Israel-based network data processing technology provider expects more orders to follow.

----------

AIM - LOSERS

----------

Eagle Eye Solutions Group PLC, down 3.0% at 560.00 pence, 12-month range 384.00p - 675.00p. Conditionally agrees to buy Untie Nots, a French business providing retailers with AI-powered promotion and gamification software-as-a-service. Eagle Eye will pay an initial EUR15.0 million, with EUR9.1 million in cash and EUR5.9 million shares. To fund the cash element, Eagle Eye launches a share placing to raise GBP7.0 million, before expenses, at a price of 555.0 pence per share. Placing will be conducted through an accelerated bookbuild, the software-as-a-service technology firm says.

----------

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
19 Jan 2023 19:43

TRADING UPDATES: Baron Oil, Orcadian submit licensing applications

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
17 Jan 2023 14:49

TRADING UPDATES: Active Energy makes progress on CoalSwitch project

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
28 Nov 2022 21:39

TRADING UPDATES: First Tin gets grant; Shanta Gold hails drill results

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
16 Nov 2022 13:41

Ethernity gets another order from American wireless customer

(Sharecast News) - Data processing semiconductor specialist Ethernity Networks announced on Wednesday today that its existing American fixed wireless original equipment manufacturer (OEM) customer had chosen its data processing system-on-chip (SoC) for its second-generation fixed wireless access (FWA) base station node product.

Read more
16 Nov 2022 12:12

Ethernity takes tech product contract; expects delivery in mid-2023

(Alliance News) - Ethernity Networks Ltd said on Wednesday it has been selected by an existing customer to provide its data processing system-on chip for the customer's second-generation fixed wireless access base station node product.

Read more
29 Sep 2022 11:40

Ethernity Networks shares down on USD320,000 settlement notice

(Alliance News) - Ethernity Networks Ltd on Thursday said it has received a USD320,000 settlement notice from 5G Innovation Leaders Fund LLC.

Read more
22 Sep 2022 14:55

EARNINGS SUMMARY: Fonix Mobile hikes dividend; UIL laments tensions

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
20 Sep 2022 16:58

LONDON MARKET CLOSE: Stocks retreat as eyes turn to Federal Reserve

(Alliance News) - Stocks in London ended lower on Tuesday, kicking off a shortened trading week with trepidation ahead of a batch of central bank interest rate decisions.

Read more
20 Sep 2022 12:03

LONDON MARKET MIDDAY: Stocks lower; Future falls as CEO set to depart

(Alliance News) - Stocks in London traded in the red at midday on Tuesday as interest-rate decisions from a list of major central banks later this week loomed large.

Read more
20 Sep 2022 10:57

AIM WINNERS & LOSERS: Ethernity Networks soars on follow-up contract

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

Read more
20 Sep 2022 10:51

Ethernity Networks shares surge as signs USD4.6 million contract

(Alliance News) - Ethernity Networks Ltd on Tuesday said it has signed a follow-on contract with an existing customer worth USD4.6 million.

Read more
6 Sep 2022 20:31

TRADING UPDATES: Wishbone drilling impresses; Avation leases aircraft

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
1 Sep 2022 17:10

LONDON MARKET CLOSE: Gloomy PMI's, China lockdown send stocks running

(Alliance News) - Stocks in London ended Thursday covered in red, with a new lockdown in China and disappointing PMI prints around the world sending investors for cover.

Read more
1 Sep 2022 11:25

IN BRIEF: Ethernity shares fall as contract for UEP module cancelled

Ethernity Networks Ltd - Israel-based network data processing technology provider - Says contract with an "Israeli international wireless connectivity vendor" for the provision of its Universal Edge Platform module is cancelled. Says it has been told that the cancellation is due to customer claims of delays in product delivery, an allegation it "strongly rejects".

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.