Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTCM.L Share News (TCM)

  • There is currently no data for TCM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Telit Communications on track for full-year

Thu, 10th Oct 2013 07:41

Wireless tech firm Telit Communications lifted quarterly revenue and said it continues to expect that trading for the full year 2013 will be in line with market expectations.The London-based firm said revenues for the three-months ended September 30th rose to $62.5m from $51.4m a year earlier. For the nine months to September 30th, revenues increased to $171m from $150m the previous year, helped by a first time $4.8m contribution from the m2mAIR division."This acquisition is anticipated to provide Telit with access to additional value added services and customers, granting Telit an even broader footprint in the m2m value chain," the group said in a statement."Telit's PaaS opens new opportunities to expand our services offering to small and medium m2m customers worldwide, widening our market advantage and will support Telit's recurring revenue strategy," it added.CJ
More News
26 Aug 2021 19:23

IN BRIEF: Telit Communications takeover gets final approval

IN BRIEF: Telit Communications takeover gets final approval

Read more
19 Aug 2021 13:40

IN BRIEF: Telit takeover by DBay nears completion after US approval

IN BRIEF: Telit takeover by DBay nears completion after US approval

Read more
26 Jul 2021 20:23

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

Read more
23 Jul 2021 19:20

TRADING UPDATES: Parsley Box's new meal range; Macau Property NAV down

TRADING UPDATES: Parsley Box's new meal range; Macau Property NAV down

Read more
21 Jul 2021 16:11

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
20 Jul 2021 18:06

Telit welcomes sweetened takeover offer from Dbay Advisors

Telit welcomes sweetened takeover offer from Dbay Advisors

Read more
11 Jul 2021 18:09

Sunday newspaper round-up: Smiths Group, Virgin Galactic, Sainsbury

(Sharecast News) - One of Britain's biggest engineering firms is on the cusp of a major break-up after receiving a £2billion takeover approach for its medical division from a US private equity predator. City sources said FTSE 100-listed engineering giant Smiths Group has been holding talks with Boston-based TA Associates. Bankers from Goldman Sachs are said to be working on the deal. - Financial Mail on Sunday

Read more
9 Jul 2021 20:42

TRADING UPDATES: President seeks hydrogen; Telit faces more dissent

TRADING UPDATES: President seeks hydrogen; Telit faces more dissent

Read more
7 Jul 2021 16:02

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
26 May 2021 19:25

IN BRIEF: Telit shareholder Berry disappointed with offer from DBay

IN BRIEF: Telit shareholder Berry disappointed with offer from DBay

Read more
25 May 2021 14:43

Telit accepts GBP306.9 million takeover offer from asset manager Dbay

Telit accepts GBP306.9 million takeover offer from asset manager Dbay

Read more
25 May 2021 10:26

AIM WINNERS & LOSERS: Hurricane Energy posts hefty loss on impairments

AIM WINNERS & LOSERS: Hurricane Energy posts hefty loss on impairments

Read more
25 May 2021 10:05

Telit finally reaches agreement on cash offer from DBay Advisors

(Sharecast News) - After months of wrangling, Telit Communications confirmed on Tuesday that it had agreed to a recommended cash offer from DBay Advisors.

Read more
13 May 2021 16:08

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
24 Mar 2021 18:33

TRADING UPDATES: CPPGroup recommences dividend; TClarke profit shrinks

TRADING UPDATES: CPPGroup recommences dividend; TClarke profit shrinks

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.