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Share Price Information for Mti Wireless (MWE)
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Intraday Mti Wireless Share Chart
IN BRIEF: MTI Wireless in good start to year as quarterly profit grows
MTI Wireless Edge Ltd - Israel-based communication and radio frequency solutions firm - Reports "solid" revenue growth for three months to end of March, up 4% to USD10.0 million, while profit from operations rises 14% year-on-year to USD960,000 and pretax profit up 25% to USD900,000.
Chief Executive Moni Borovitz says performance over first quarter "encouraging".
"We have enjoyed a good start to the year. The majority of our markets are functioning well, with our home market, Israel, largely back to normal as far as Covid-19 is concerned. Trading is still likely to be disrupted in some areas but overall, given the experience gained last year when operating under the Covid-19 restrictions, we are confident in the ability of our teams to trade effectively," Borovitz says.
Current stock price: 70.20p
Year-to-date change: down 3.2%
By Lucy Heming;Â lucyheming@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Latest MWE News
- UK shareholder meetings calendar - next 7 days
27 May 2026 - MTI Wireless Edge reports higher Q1 revenue, profit
26 May 2026 - EARNINGS: Galantas Gold loss widens; Union Jack Oil swings to loss
26 May 2026 - TRADING UPDATES: Deltic Energy confirms receipt of acquisition offers
22 Apr 2026 - MTI Wireless Edge wins USD2 million contract from existing customer
13 Apr 2026 - MTI Wireless secures $2m military antenna contract
13 Apr 2026 - UK dividends calendar - next 7 days
7 Apr 2026 - IN BRIEF: MTI Wireless hails contract wins worth total USD6 million
7 Apr 2026
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MTI Wireless Edge reports higher Q1 revenue, profit
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Mti Wireless News
MTI Wireless Edge reports higher Q1 revenue, profit
(Sharecast News) - MTI Wireless Edge reported higher first-quarter revenue and profit on Tuesday, and said trading had accelerated in April after mult...
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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
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