RSS feed
M2M News ArchivesPosts Tagged ‘results’
Novatel Wireless First Quarter 2011 Financial Results
Company Begins Rollout of New 4G Products Strong Revenue Increase Expected in Second Quarter Novatel Wireless, Inc., a leading provider of wireless broadband access solutions, today reported preliminary financial results for the first quarter ended March 31, 2011. 1Q 2011 1Q 2010 4Q 2010 Revenue $61.8M $72.2M $119.3M GAAP Net Income (Loss) $(22.1M) $(3.4M) $(0.9M) GAAP EPS (Loss) $(0.69) $(0.11) $(0.03) Non-GAAP Net Income (Loss) $(17.8M) $(2.3M) $0 Non-GAAP EPS [...]
Sierra Wireless Reports First Quarter 2011 Results
Revenue in the first quarter 2011 of $144.3 million, in-line with guidance Mobile Computing well positioned in 4G to drive growth in second half M2M represented 50% of sales in the first quarter of 2011 and core M2M revenue grew 16% year-over-year, excluding Barnes & Noble Sierra Wireless, Inc. today reported first quarter 2011 results. All results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles ("GAAP"), except as otherwise indicated below. Revenue [...]
Numerex Reports First Quarter 2011 Financial Results
Company Posts 25% Year over Year Subscription Growth, GAAP Profitable, Reaffirms Guidance for 2011 Numerex Corp, a leading provider of business services, technology, and products for the worldwide machine-to-machine (M2M) market, today announced financial results for its first quarter ended March 31, 2011. "Numerex is poised to benefit from the commercialization of key projects, recently forged alliances with M2M industry leaders, and new product launches," stated Stratton Nicolaides, chairperson and CEO of Numerex. "We continue to [...]
Option: first quarter 2011 results
Option, the wireless technology company, today announced that during the first quarter of 2011 the Group generated revenue of EUR 13.6 million compared to EUR 13.1 million in the first quarter of 2010. Product related revenues and software & license revenues represented each half of total revenues. The Company reports a positive EBITDA of EUR 898 thousand for the first quarter of 2011. The cash position of the Company improved compared to year-end 2010, mainly the result of license fees received for a total amount of EUR 33 million [...]
Telit publishes preliminary results for year 2010
Revenues increase organically by 48%, net profit of $8.4 million Telit Communications PLC announces its preliminary results for the year ended 31 December 2010: Financial highlights: • Revenue increased by 48.2% to $131.7 million (2009: $88.8 million) • Revenue in H2-2010 increased by 20.9% to $72.1 million (H1-2010: $59.6 million) • Gross profit increased by 24.0% to $52.9 million (2009: $42.7 million) • Operating profit for the year of $6.6 million (2009: loss of $3.0 million) • Adjusted EBITDA for the year of $12.4 [...]
Gemalto publishes solid 2010 results. Good performance for the M2M activity.
Gemalto, the smart cards and security solutions specialist, recently published strong results for 2010: Full year revenue growth of +19% to € 1,906 million Software and services revenue increases by +54% to € 252 million Profit from operations expands by +19% to € 216 million Concerning the M2M activity, Olivier Piou, Chief Executive Officer, commented: "The good performance of the Machine-to-Machine business also contributed to our profit in the Telecom space." Here-under are the figures published by Gemalto for its M2M [...]
Machine-to-Machine definition
