Brief: Sonim Technologies Q2 Loss Per Share $0.34

DNA X

24/07/2019 22:02

July 24 (Reuters) - Sonim Technologies Inc  SONM.O :
    * SONIM TECHNOLOGIES REPORTS SECOND QUARTER AND SIX MONTH
2019
FINANCIAL RESULTS
    * Q2 LOSS PER SHARE $0.34
    * Q2 REVENUE ROSE 39 PERCENT TO $43.7 MILLION
    * SEES FY 2019 REVENUE UP 25 TO 30 PERCENT
    * SEES Q3 2019 REVENUE $49 MILLION TO $52 MILLION
    * FOR FY, CO EXPECTS TO ACHIEVE ADJUSTED EBITDA
PROFITABILITY OF
BETWEEN 4% AND 6% OF NET REVENUES FOR YEAR AS A WHOLE

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