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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: 38.5 GBX

AIM:MWE
Market: AIM
Market Cap: £33.81 m
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MTI Wireless Edge seeing 'continued significant revenue growth and...

MTI Wireless Edge Ltd's (LON:MWE) Richard Bennett discusses with Proactive London's Andrew Scott the group's results for the nine months to the end of September. Revenues increased by 12% in the period to $29mln while operating profit increased 33% to $2.5mln.

2 weeks, 2 days ago

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