If you would like to learn more about future focusIR related events and roundtables, please submit your details 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

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

Related News

IN BRIEF: Telit Communications takeover gets final approval
26 Aug 2021

IN BRIEF: Telit Communications takeover gets final approval

IN BRIEF: Telit Communications takeover gets final approval

IN BRIEF: Telit takeover by DBay nears completion after US approval
19 Aug 2021

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

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

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half
26 Jul 2021

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

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

TCM.L News

IN BRIEF: Telit Communications takeover gets final approval
26 Aug 2021

IN BRIEF: Telit Communications takeover gets final approval

IN BRIEF: Telit Communications takeover gets final approval

IN BRIEF: Telit takeover by DBay nears completion after US approval
19 Aug 2021

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

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

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half
26 Jul 2021

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

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

TRADING UPDATES: Parsley Box's new meal range; Macau Property NAV down
23 Jul 2021

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

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

UK shareholder meetings calendar - next 7 days
21 Jul 2021

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Telit welcomes sweetened takeover offer from Dbay Advisors
20 Jul 2021

Telit welcomes sweetened takeover offer from Dbay Advisors

Telit welcomes sweetened takeover offer from Dbay Advisors

Sunday newspaper round-up: Smiths Group, Virgin  Galactic, Sainsbury
11 Jul 2021

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 fo...

TRADING UPDATES: President seeks hydrogen; Telit faces more dissent
9 Jul 2021

TRADING UPDATES: President seeks hydrogen; Telit faces more dissent

TRADING UPDATES: President seeks hydrogen; Telit faces more dissent