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MTI WireleEd Ord ILS0.01 (MWE)

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23-Jun-2022 11:33 AM

IN BRIEF: MTI subsidiary secures orders with Italian resellers

MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology - Says its subsidiary Mottech Water Solutions Ltd has secured several orders through its Italian resellers, from both existing and new agricultural & water distributi
23-May-2022 11:09 AM

IN BRIEF: MTI Wireless report higher quarterly profit as demand rises

MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology company - Reports higher quarterly profit for the quarter ended March 31. Pretax profit climbs to $970,000 from $900,000 a year ago. Revenue rises 12% to $11.
24-Mar-2022 05:18 PM

MTI Wireless Edge subsidiary Mottech wins monitoring contract

MTI Wireless Edge Group Ltd on Thursday said its subsidiary Mottech Water Solutions Ltd won a contract to monitor fountains on behalf of one of Israel's largest cities. The contract, worth about $500,000, sees Mottech partially control
07-Mar-2022 04:04 PM

IN BRIEF: MTI Wireless Edge lifts dividend; plans to exit Russia

MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology - Pretax profit is flat in 2021 at $4.04 million, versus $4.06 million in 2020. Revenue rises 5.6% to $43.2 million from $40.9 million but net finance exp
14-Feb-2022 10:43 AM

MTI Wireless shares drop as profit set to fall behind expectations

(Alliance News) - Shares fell in MTI Wireless Edge Ltd on Monday after announcing that it expects profit for 2021 to be below market expectations. Shares in the Israel-based technology company were 9.0% lower at 61.88 pence on Monday in
19-May-2021 09:31 AM

MTI Wireless Edge first-quarter profit rises 25%

Antenna group MTI Wireless Edge said its first-quarter profit had risen 25% amid a rise in sales. Pre-tax profit for the three months through March increased to $0.90 million, up fro $0.72 million year-on-year, as revenue climbed 4% to $9.95 million. &a
16-Nov-2020 09:06 AM

MTI Wireless Edge profit up 19% in year to date

Radio frequency communications group MTI Wireless Edge posted a 19% rise in year-to-date profit after it boosted sales and cut costs. Pre-tax profit for the nine months through September amounted to $2.9 million, up from $2.4 million year-on-year. Revenu
17-Aug-2020 07:51 AM

MTI Wireless Edge profit up as sales climb 3%

Antenna supplier MTI Wireless Edge reported a rise in first-half profit, but did not declare an interim dividend after sales growth was slowed by the Covid-19 crisis. Pre-tax profit for the six months through June increased to $1.83m, up from $1.43m. Rev
18-May-2020 09:50 AM

MTI Wireless Edge profit edges up on higher sales

Antenna company MTI Wireless Edge posted a modest rise in first-quarter profit, as higher sales were offset by a rise in financing costs owing to currency fluctuations. Pre-tax profit for the three months through March rose to $0.72m, up from $0.56m on-y
02-Mar-2020 07:40 AM

MTI Wireless Edge profit up 29% on higher sales, margins

Communications and radio frequency solutions group MTI Wireless Edge posted a 29% rise in annual profit, as it boosted sales and margins. Pre-tax profit for the year through December increased to $3.4m, up from $2.7m on-year, as revenue rose 13% to $40.0
10-Jan-2020 08:12 AM

MTI in military antenna contract win

MTI Wireless Edge has secured an addition to an existing client contract worth an extra $0.6m. The subsequent deal is for the manufacturing of military antennas and follows an original $1m order placed in March 2019. While the original order is to be d
25-Nov-2019 08:17 AM

MTI Wireless Edge profit up 44% in year to date

Antenna specialist MTI Wireless Edge said its profit in the year to date had risen 44%, on the back of increased orders at all three of its business units. Pre-tax profit for the nine months through September had risen to $2.3m, up from $1.7m on-year. R
19-Aug-2019 08:54 AM

MTI Wireless Edge profit jumps 67%

Communications and radio frequency specialist MTI Wireless Edge posted a 67% rise in first-half profit, as sales and margins were boosted via its merger with MTI Computers. Pre-tax profit for the six months through June rose to $1.43m, up from $0.86m on-
22-May-2019 09:46 AM

MTI Wireless Edge profit rises on 16% sales boost

Communications and radio frequency specialist MTI Wireless Edge posted a rise in first-quarter profit underpinned by higher sales. Pre-tax profit for the three months through March rose to $0.56m, up from $0.25m on-year. Revenue rose 16% to $9.1m. &apo
19-Nov-2018 07:26 AM

MTI Wireless Edge profit boosted by acquisition

Radio frequency solutions group MTI Wireless Edge posted a 67% increase in net profit for the first nine months of the year. Net profit for the nine months through September rose to $1.6m, as revenue rose 32% on-year to $25.9m. Excluding the impact of a
28-Aug-2018 01:40 PM

MTI Wireless Edge profit falls on higher R&D, financing costs

Antenna manufacturer MTI Wireless Edge booked a 38% fall in first-half profit, as higher R&D and finance costs offset growing revenue. Pre-tax profit for the six months through June fell to $859k, down from $1.38m on-year, even as revenue rose 3% to $17.
16-Feb-2018 10:04 AM

MTI Wireless Edge profit up 35% on antenna demand

MTI Wireless Edge posted a 35% rise in annual pre-tax profit to $1.6m, on continued demand for its antenna products. Revenue grew by 13% to $26.4m. The company declared a final dividend of $0.02 per share, up from $0.01 a year earlier. At 10:04am: (LO
09-Nov-2017 09:17 AM

MTI Wireless Edge pre-tax profit up 54%

MTI Wireless Edge, a manufacturer of flat panel antennas for fixed wireless broadband and a wireless irrigation solutions provider, grew its profit before tax by 54% to $1.2m in the nine months ended 30 September. Revenues increased by 12% to $19.6m whil
25-Oct-2017 01:07 PM

MTI warns over impact of antenna project

MTI Wireless Edge has confirmed that, due to higher than anticipated costs in respect of a military antenna project, profitability for the current financial year is likely to be lower than current expectations. The Company said: "This has resulted
09-Aug-2017 09:23 AM

MTI Wireless wins $1m contract

MTI Wireless Edge (MWE), a manufacturer of flat panel antennas for fixed wireless broadband, has secured a new contract from an existing customer for the development and manufacturing of an antenna solution for a military application. The contract is wo
08-Aug-2017 07:55 AM

MTI Wireless bullish on future growth

MTI Wireless Edge (MWE), a manufacturer of flat panel antennas for fixed wireless broadband, saw its profit before tax nearly triple in the first half to $1 million. Revenues increased by 13% year-on-year to $12.8 million, while the operating profit incr
28-Mar-2017 01:53 PM

MTI Wireless Edge to strengthen its board

MTI Wireless Edge has appointed David Yariv as a non-executive director of the Company, subject to approval by shareholders at the Company's forthcoming AGM and EGM, on 12 May 2017. At 1:53pm: (LON:MWE) MTI Wireless Edge Ltd share price was 0p a
22-Feb-2017 07:45 AM

MTI Wireless Edge confirms contract win

MTI Wireless Edge Ltd has secured a new contract worth $1.8m from an existing customer in the broadband wireless access (BWA) sector. The contract will be fully delivered in 2017. Story provided by StockMarketWire.com...
16-Feb-2017 07:43 AM

MTI Wireless Edge's FY pretax profit slips

MTI Wireless Edge's FY pretax profit has slipped to $1.2m, from $1.4m a year ago. The result was achieved on revenue up at $23.3m, from $19.6m, and came with a final dividend of $0.01 a share. "During 2016 we completed the integration in our re
23-Nov-2016 07:17 AM

MTI Wireless Edge notes first order from Tanzania

MTI Wireless Edge subsidiary Mottech Water Solutions Ltd has received an order for energy and water resources management from a new customer in Tanzania. Whilst this order is small in terms of its initial value, it represents Mottech's first sale

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