logo-loader
MTI Wireless Edge Limited

MTI Wireless Edge 'an excellent growth company' with further re-rating potential

Capital Network's Ed Stacey says results for the first quarter of 2019 for MTI Wireless Edge (LON:MWE) showed continued strong progress.

Revenues increased by 16% year-on-year and operating profits 66%. We maintain our full-year (FY) 2019 forecasts, with FY revenue growth of 10% and earnings per share (EPS) growth 27.8%.

Quick facts: MTI Wireless Edge Limited

Price: £0.30

Market: AIM
Market Cap: £25.88 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of MTI Wireless Edge Limited named herein, including the promotion by the Company of MTI Wireless Edge Limited in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: MTI Wireless Edge sees big opportunities for its antenna...

MTI Wireless Edge Limited (LON:MWE) chief executive Moni Borovitz speaks to Proactive London's Andrew Scott soon after the release of its interim results. Revenues rose 12% to US$19.1mln in the six months ended 30 June (H1 18: US$17.1mln), while pre-tax profits shot up to US$1.43mln (H1 18:...

5 days, 14 hours ago

2 min read