News blog

MTI Wireless Edge Ltd

  • BY: Andrew Hore |
  • POSTED: 11/01/2011 |

Broadband and military antenna developer MTI Wireless Edge had a strong last quarter to 2010.

Fourth quarter revenue of $3.8m was one-fifth higher than the year before and 8% higher than the third quarter. The current run rate of revenues is likely to continue into 2011.

Revenues were nearly $13.5m in 2010 and could be more than $15m in 2011.

The order book is worth $5.5m and most of that should be delivered in 2011.

At 13p a share, up 1.75p, MTI is valued at 6.7m.

Full year figures will be published in February. 

© 2021 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds