Brief: Incoax Gets Orders Worth $2 Mln From U.S.-Based FiberLAN Operator

InCoax Networks AB

05/02/2024 08:13

Feb 5 (Reuters) - InCoax Networks AB  INCOAX.ST :
    * RECEIVES ORDERS TOTALING 2 MILLION USD (CURRENT VALUE
APPROXIMATELY 21 MILLION SEK) FROM THE US-BASED FIBERLAN
OPERATOR
    * ORDERS FOR SYSTEM PRODUCTS WILL BE DELIVERED AND INVOICED
DURING
Q2 AND Q3 2024
    * REVENUES FROM SOFTWARE MAINTENANCE, OPERATION- AND
PLATFORM
SUPPORT WILL BE RECOGNIZED OVER THREE YEARS, STARTING IN Q2 2024

Source text for Eikon:  ID:nWkr2Nyxlc 
Further company coverage:  INCOAX.ST 

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