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中兴通讯完成IMT-2020推进组5G-A低空通信关键技术测试
Zheng Quan Shi Bao Wang· 2025-11-11 04:24
Core Viewpoint - The article highlights that ZTE Corporation has successfully completed outdoor testing of key low-altitude communication technologies under the 5G-A network in Zhangzhou, Fujian, following laboratory tests [1] Group 1 - The 5G-A technology research and development testing methods for base station equipment aimed at low-altitude communication were established by the IMT-2020 (5G) Promotion Group [1] - ZTE Corporation is the first to complete outdoor testing of low-altitude communication key technologies under the 5G-A network [1]
X @Starlink
Starlink· 2025-11-11 00:31
Connectivity Enhancement - BT Group partners with Starlink to deliver ultrafast, low-latency satellite broadband to rural and remote homes in the UK [1] - BT Group is the first provider in the UK to offer this type of connectivity [1] Technological Advancement - Starlink will enable reliable high-speed internet for homes in the most rural and remote areas of the UK [1] - This partnership represents a major leap forward for rural connectivity [1]
Sangoma Announces First Quarter Fiscal 2026 Results
Businesswire· 2025-11-10 22:00
Core Insights - Sangoma Technologies Corporation reported solid first quarter results for Fiscal 2026, demonstrating the strength of its recurring revenue model and reaffirming its guidance for the fiscal year [2][4]. Financial Performance - Total revenue for the first quarter was $50.8 million, with a sequential growth expected in Q2. Excluding $7.6 million from VoIP Supply, LLC, revenue decreased by 3% year-over-year on a like-for-like basis [5]. - Average revenue per customer increased by 19% year-over-year, and bookings rose by 6%, supporting the growth outlook for the remainder of the year [5]. - Gross profit was $36.8 million, representing 72% of total revenue, an increase from 67% in the previous quarter, driven by a shift towards higher-margin recurring services [5]. - Operating expenses decreased by 9% year-over-year to $38.5 million, reflecting efficiency gains from transformation activities [5]. - The company reported a net loss of $2.3 million, compared to a net loss of $1.9 million in the same quarter last year [5]. - Adjusted EBITDA was $8.3 million, representing 16% of total revenue, consistent with historical seasonal patterns [5]. Guidance and Strategic Direction - Sangoma reaffirmed its guidance for Fiscal 2026, expecting total revenue in the range of $200 - $210 million, compared to $209 million in Fiscal 2025, excluding the contribution from VoIP Supply [4]. - The company is focused on expanding its software and services portfolio and deepening relationships with its global customer and partner base [2]. Shareholder Value and Capital Management - Free cash flow for the first quarter was $3.2 million, with net cash provided by operating activities at $4.9 million, representing 60% of Adjusted EBITDA [5]. - The company has repurchased over 700,000 shares under its Normal Course Issuer Bid, including 195,949 shares repurchased after the end of the first quarter [5].
Comtech Telecommunications Non-GAAP EPS of -$0.25 beats by $0.19, revenue of $130.37M beats by $15.37M (NASDAQ:CMTL)
Seeking Alpha· 2025-11-10 21:43
Group 1 - The article does not provide any specific content related to a company or industry [1]
Comtech Announces Financial Results for Fourth Quarter and Fiscal Year 2025
Businesswire· 2025-11-10 21:25
Core Insights - Comtech Telecommunications Corp. has demonstrated significant progress in its financial transformation, reporting positive operating cash flow and improved liquidity [1][3][15] - The company has successfully executed transformation initiatives, leading to a revitalized Satellite & Space Communications business and growth in the Allerium segment [2][4][38] Financial Performance - For fiscal year 2025, net sales were $499.5 million, a decline of 7.6% from $540.4 million in 2024, primarily due to lower sales in the Satellite and Space Communications segment [6][10] - Gross profit for fiscal 2025 was $127.9 million, with a gross margin of 25.6%, down from $157.2 million and 29.1% in the prior year [7] - The operating loss for fiscal 2025 was $139.1 million, compared to a loss of $79.9 million in fiscal 2024, heavily influenced by the first quarter's performance [8][10] Segment Performance Satellite and Space Communications (S&S) - S&S segment net sales for fiscal 2025 were $269.3 million, down from $324.1 million in fiscal 2024, reflecting the discontinuation of low-margin contracts [25][26] - The operating loss in the S&S segment was $111.6 million, significantly impacted by a $79.6 million non-cash goodwill impairment charge [26] - Adjusted EBITDA for the S&S segment was a loss of $15.8 million, compared to a positive $29.8 million in fiscal 2024, but showed sequential improvement throughout fiscal 2025 [27] Allerium - Allerium segment net sales increased by 6.5% to $230.3 million in fiscal 2025, driven by growth in NG-911 services and location-based solutions [38] - Operating income for the Allerium segment was $24.1 million, up 11.1% from $21.7 million in fiscal 2024 [39] - Adjusted EBITDA for Allerium was $47.6 million in fiscal 2025, compared to $44.7 million in the previous year [40] Cash Flow and Liquidity - The company reported operating cash flow of $11.4 million in the fourth quarter of fiscal 2025, marking the first quarters of positive cash flow since fiscal 2023 [3][22] - Total liquidity improved to $47 million as of July 31, 2025, a 71.5% increase from $27.4 million in March 2025 [15][54] Strategic Initiatives - Comtech has implemented new operational disciplines and cost reduction initiatives, enhancing accountability and efficiency across the organization [4][24] - The company has rebranded its Terrestrial and Wireless Networks segment to Allerium, consolidating its go-to-market strategy and focusing on public safety communications [37][47]
[DowJonesToday]Dow Jones Rallies on Government Shutdown Optimism and Tech Rebound
Stock Market News· 2025-11-10 19:09
Market Overview - The Dow Jones Industrial Average increased by 335.38 points (0.7138%), reaching 47,322.48, driven by optimism regarding a potential resolution to the U.S. government shutdown [1] - Bipartisan progress in the Senate towards a funding agreement has positively influenced investor sentiment, indicating a possible end to the current impasse [1] Technology Sector Performance - A notable rebound in technology stocks, especially those associated with artificial intelligence, was observed after a challenging previous week [2] - Nvidia (NVDA) was a standout performer, surging by 4.77%, contributing significantly to the positive momentum in the sector [2] - Other major gainers included 3M Company (MMM) up 2.29%, Amazon (AMZN) increasing by 1.69%, Goldman Sachs (GS) rising 1.67%, and Microsoft (MSFT) gaining 1.60% [2] Declines in Other Sectors - Procter & Gamble (PG) led the declines, falling by 1.89%, indicating some weakness in the consumer goods sector [3] - Home Depot (HD) decreased by 1.16%, and UnitedHealth Group (UNH) declined by 0.88%, reflecting uncertainty in the healthcare sector amid discussions on expiring tax credits [3] - Verizon (VZ) and McDonald's (MCD) also experienced dips of 0.72% and 0.68%, respectively [3]
JUST Capital Strengthens Board of Directors With Six Strategic Appointments
Markets.Businessinsider.Com· 2025-11-10 14:34
Core Insights - JUST Capital has appointed six new members to its board of directors, enhancing its leadership and expertise in technology, research, communications, and corporate strategy [1][2][4] Group 1: New Board Members - Mehdi Ansari is a partner at Sullivan & Cromwell LLP, specializing in intellectual property and technology, particularly in AI [7][8] - Jonathan Auerbach has over 30 years of experience in technology and financial services, previously serving as Chief Strategy and Growth Officer at PayPal, where he led significant initiatives including the launch of PayPal USD [9][10][12] - Laxman Narasimhan, former CEO of Starbucks and Reckitt, brings extensive experience in leading global brands and driving digital transformation [14][15][16] - Franz Paasche, EVP of Corporate Affairs at Verizon, has over 30 years of experience in public affairs and communications, previously holding leadership roles at Columbia University and PayPal [19][20][21] - Stephanie Stahl is a seasoned business leader and executive coach with a strong background in marketing and strategy, serving on multiple public company boards [23][25][26] - Charles C.Y. Wang is a professor at Harvard Business School, focusing on corporate governance and valuation, with extensive research published in leading academic journals [27][29] Group 2: Organizational Goals and Developments - The new board members will support JUST Capital's transformation into an AI-powered corporate intelligence platform, set to launch its JUST Intelligence platform in 2026 [2][4] - JUST Capital aims to provide C-suites and boards with insights on stakeholder performance, competitive benchmarking, and strategic guidance on critical issues [4][5] - The organization has already improved job quality for 2.6 million workers and reached over 30 million Americans through media partnerships [5]
Crown Fiber Optics Announces $100 Million in Secured Multi-Year Fiber Contracts
Globenewswire· 2025-11-10 13:00
Core Insights - Crown Fiber Optics has secured multi-year fiber infrastructure contracts valued at slightly more than $100 million, driven by new long-term awards in New Mexico and Washington, and the expansion of broadband projects in the Pacific Northwest [1][3] Group 1: Contract Details - The newly awarded contracts have an annual revenue potential of approximately $80 million, with a project in Albuquerque, New Mexico expected to generate about $50 million annually, and a project in greater Seattle, Washington anticipated to contribute around $30 million per year [2] - Crown Fiber has also secured a $6 million-plus contract with an Oregon-based telecommunications provider for RUS-funded rural fiber projects in Vale, Oregon, which is expected to expand significantly through 2026 and 2027 [4] - A contract with a Native reservation in Oregon aims to deploy rural broadband infrastructure valued at approximately $3 million, with future phases projected to exceed $25 million within the next two to three years [5] Group 2: Growth and Backlog - The company's current contract and backlog portfolio exceeds $100 million in total value, bolstered by federally funded rural broadband initiatives and partnerships with leading network providers [3][6] - Crown Fiber maintains a robust backlog exceeding $25 million through ongoing operations and maintenance support for a regional fiber-optic internet provider across Oregon, Washington, and Idaho [6] Group 3: Company Commitment and Services - The company emphasizes its commitment to quality, accountability, and reliability in the fiber optics industry, focusing on safety, performance, and timely project delivery [7] - Crown Fiber specializes in the design and construction of fiber optic networks, offering services that include end-to-end fiber network deployment, network design, permitting, and infrastructure planning [8]
Ceragon Wins $2.7M Managed Services Contract with Colombian Mobile Operator, Leveraging Network Digital Twin
Prnewswire· 2025-11-10 11:00
Core Insights - Ceragon has secured a two-year managed services contract valued at $2.7 million with a major mobile operator in Colombia, enhancing its role as a key partner for mobile operators [1][4] - The contract includes a comprehensive suite of managed services, such as remote technical support, on-site assistance, and advanced replacement services, aimed at ensuring network reliability and performance [2][3] - The services will support a multi-vendor network environment, demonstrating Ceragon's expertise in managing diverse technologies and ensuring operational efficiency across Colombia [3][4] Company Overview - Ceragon is a leading provider of end-to-end wireless connectivity solutions, specializing in transport, access, and AI-powered managed services [5] - The company serves over 600 service providers and more than 1,600 private network owners in over 130 countries, focusing on high-capacity wireless solutions for various communication network use cases [6] - Ceragon's solutions are designed to lower total cost of ownership (TCO) through efficient use of resources, positioning the company as a leader in the connectivity sector [6]
特斯拉Model Y L上线交流外供电功能;中国移动已参与新石器无人车D轮融资,将进行城市物流定制化无人车联合开发丨汽车交通日报
创业邦· 2025-11-10 10:34
Group 1 - Lantu Automotive announced the rollout of its 300,000th vehicle, the Lantu Taisan, at its Wuhan Yunfeng factory, marking it as the first high-end new energy brand from a central state-owned enterprise to achieve this milestone, with a production increase from 200,000 to 300,000 units in just 7 months [2] - The Lantu Taisan is positioned as the "most powerful Chinese flagship SUV," featuring Huawei's flagship ADS Ultra and Harmony cockpit 5, with a pure electric range of 370 kilometers and a comprehensive range exceeding 1,400 kilometers [2] - NIO Battery Technology Co., Ltd. saw a change in leadership, with Li Bin transitioning from chairman to director, and He Xuxiang taking over as the legal representative and general manager [2] Group 2 - Tesla has introduced an external power supply feature for the Model Y L, allowing users to power external devices using a dedicated adapter, available for vehicles upgraded to specific software versions [2] - China Mobile has participated in the D-round financing of New Stone Technology, focusing on the joint development of customized unmanned vehicles for urban logistics, alongside capital and ecological cooperation discussions [2]