Mti Wireless Share News (MWE)

MTI Wireless Edge wins 1m dollar order, 2013 revenues beat expectations

MTI Wireless Edge, the AIM-listed developer and manufacturer of sophisticated antennas and antenna systems, has received a one million dollar order from a major customer of its Commercial Division. The order is for delivery in 2014. The company also reported that its revenues for 2013 were "sli

MTI Wireless Edge Swings Into a Pretax Profit, Boosted by Military Segment

MTI Wireless Edge in multiple contract win

MTI Wireless Edge, which develops and manufactures sophisticated antennas and antenna systems, has been awarded a new military contract in addition to a number of commercial orders. Together, the agreements are worth $2.0m, bringing the total order book to $7.5m, of which $6.6m is credited to 2013

Small caps round-up: UBC, Corin, MTI Wireless

Multimedia content and services company UBC narrowed losses before tax on the back of a strong increase in half-year revenues. Revenue from continuing operations in the six months ended September 30th rose to £2.20m from £1.50m the year before. The group made an operating loss of £0.36m versus a lo

MTI Wireless jumps after move to profit

Antenna developer MTI Wireless Edge has moved back into the black with a turnaround that saw the group raise its revenue by 21% to US$74m (£45.2m). The company was able to boost its gross profit by 25% to $2.6m (£1.59m) and pull its profit from operations out of the red and raise it by $542k (£33

AMEC non-exec doubles stake

Colin Day, a non-executive director at AMEC, has doubled his holding in the FTSE 100-listed engineering and project management company. He bought 10,000 shares at 1,140p a time, paying a total of £114,000 and taking his holding to 20,000. Day, who joined the board of Amec last year, is the chief

Small caps: Avesco, Cyril Sweett, Fairpoint...

Big screen renter Avesco cut losses sharply in its latest quarter and said activity in its markets has picked up. Revenue rose to £30.5m in the three months to December from £23.8m with losses reducing to £0.5m from £1.8m. "It does appear that a real momentum has returned to the business and that

Small caps round-up: Axis-Shield, Cluff Gold, Falkland Oil...

Diagnostics company Axis-Shield turned over more than £100m for the first time last year and has paid a maiden dividend. Revenue rose 5% to £101.7m in 2010, though underlying profit fell from £8.1m to £7.1m. Profit, including £3.1m of currency and disposal gain in 2009 dropped from £11m to £7.5m.

Small cap round-up: MTI Wireless, Safestore, London Capital

An update from antennas for broadband manufacturer MTI Wireless saying that it has uncovered unexpected costs of $350,000 (£216,000) in the final quarter of last year got a bad reception from the market. "Consequently, the board now expects that the full year pre-tax result for the year ended 31 De

Small caps round-up: Best of the Best, IdaTech, MAM Funds ...

Luxury car competition company Best of the Best said trading in the six months to the end of October was in line with market expectations. New competition structures with a broader appeal have been introduced to assist in the growth of the online business, the company said, while the company is als

MTI stems losses

Antenna developer MTI Wireless Edge made a small third quarter profit but it remains loss-making for the nine months to September 2010. Revenues fell from $10.3m to $9.65m in the nine month period. There was a swing from a profit of $243,000 to $537,000. Israel-based MTI says the improvement tha

Small caps: API, Ceramic Fuel, MTI Wireless...

Ceramic Fuel Cells has made its first BlueGen product sale in the United States to one of the United States' largest energy companies. CFC will install a BlueGen gas-to-electricity generator at the energy utility's engineering centre in California. The BlueGen unit is scheduled to be installed

MTI Wireless Edge Gets $0.7M Antenna Pact From Existing Client

LONDON (Dow Jones)--MTI Wireless Edge Limited (MWE.LN), a manufacturer of flat panel antennas for fixed wireless broadband, said Monday it has received a $0.7 million order from an existing client for fixed broadband wireless antennas. MAIN FACTS: -Deliveries of the order will be over an 18

MTI Wireless Edge $2.2M Contract Win From Existing Client

LONDON (Dow Jones)--MTI Wireless Edge Ltd., (MWE.LN), a manufacturer of flat panel antennas for fixed wireless broadband, said Tuesday that it has received a $2.2 million order from an existing client for the development and manufacture of Military antennas. MAIN FACTS: -Deliveries will be o

Small caps round-up: Quintain, Leed Petroleum, Solomon Gold...

Quintain Estates is weaker Monday after the property developer confirmed it is considering an equity issue, thought to be about worth about £180m. It said no formal decision has been made and a further announcement will be made when appropriate. Oil and gas explorer Leed Petroleum has completed wi