Company Description
Sonim Technologies Inc is a U.S based company provides ultra-rugged mobile phones and accessories, which are designed specifically for task workers physically engaged in hazardous environments. Further, the company offers workforce-critical communication and connectivity tools for industrial enterprises and public sector agencies including end customers in construction, energy and utility, hospitality, logistics, manufacturing, public safety and transportation. It offers solutions in three main categories namely ultra-rugged mobile devices, industrial-grade accessories and cloud-based software and application services.
Sonim Reports First Quarter Results and Accelerating New Product Orders
Ships NewRS80 SmartScanners in Q1, Secures $10M Order for Next-Generation Rugged Phones
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(Nasdaq: SONM), a leading U.S. provider of ultra-rugged mobile devices, accessories and solutions designed specifically for task workers physically engaged in their work environments, reported financial results for the first quarter ended March 31, 2021 and provided an update on new product orders.
First Quarter 2021 and Recent Highlights
Net revenues of $12.2 million, compared with $12.7 million in the first quarter 2020.
Gross profit increased 14% year-over-year, and gross margin increased from the first quarter of 2020 to 20.1%.
Sonim: Q1 Earnings Snapshot
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AUSTIN, Texas (AP) Sonim Technologies, Inc. (SONM) on Tuesday reported a loss of $9.3 million in its first quarter.
The Austin, Texas-based company said it had a loss of 14 cents per share.
The company posted revenue of $12.2 million in the period.
In the final minutes of trading on Tuesday, the company s shares hit 62 cents. A year ago, they were trading at 98 cents.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SONM at https://www.zacks.com/ap/SONM Top Picks In Shopping
Sonim RS60 SmartScanner Handheld Now Available in North America and Europe
Fully-Rugged Barcode Scanner with Six-Inch Glove-Friendly Screen Provides Durable All-in-One Solution
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AUSTIN, Texas, May 5, 2021 /PRNewswire/ Sonim Technologies (Nasdaq: SONM) today announced the commercial availability of its RS60 SmartScanner handheld in North America and Europe.
Built to the rugged performance standards that Sonim is known for, the RS60 is a durable and reliable all-in-one Android device that can lower the total cost of ownership (TCO) as a result of its extensive functionality and proven durability.
Sonim RS60 SmartScanner Handheld Now Available in North America and Europe
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