Interim results from MTI Wireless Edge, the technology group focused on communications and radio frequency solutions, were in line with expectation and demonstrate the value of the company’s diversified strategy and the benefit of 2018’s merger with MTI Computers Software and Services (1982). Group revenue increased 12% to $19.1m and operating profit by 41% to $1.5m. Within this, there was particularly strong growth in the Distribution & Professional Consulting Services divisi
21 Aug 2019
Diversified growth and positive outlook
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Diversified growth and positive outlook
MTI Wireless Edge Ltd (MWE:LON) | 42.0 0 0.0% | Mkt Cap: 36.8m
- Published:
21 Aug 2019 -
Author:
David Johnson -
Pages:
2
Interim results from MTI Wireless Edge, the technology group focused on communications and radio frequency solutions, were in line with expectation and demonstrate the value of the company’s diversified strategy and the benefit of 2018’s merger with MTI Computers Software and Services (1982). Group revenue increased 12% to $19.1m and operating profit by 41% to $1.5m. Within this, there was particularly strong growth in the Distribution & Professional Consulting Services divisi