TRADING UPDATES: Aeorema hails Cheerful Twentyfirst trading
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - BATM Advanced Communications Ltd on Monday reported a decline in profit during the first half of its current financial year despite top line growth, as the firm looks to its second half with optimism. Read More
(Alliance News) - The following stocks are the leading fallers among London small-caps on Monday. Read More
BATM Advanced Communications Ltd - Hod Hasharon, Israel-based provider of network infrastructure, cybersecurity and diagnostic technologies - Sells three non-core business as part of its plan to focus on networks, cyber and diagnostics. Sells Celitron, an 'eco-med' business in Hungary, and Zer Laboratories, an administrator of third-party pre-natal diagnostic tests in Israel. BATM receives a total of USD383,000 for these two loss-making businesses, which it had been preparing to close. Also completes the sale of Progenetics Ltd, a distributor of genetic tests, receiving USD2 million for its 51% stake. BATM will announce its half-year results on August 18. Read More
(Alliance News) - BATM Advanced Communications Ltd on Monday said Ran Noy has resigned as chief financial officer to be replaced by Leor Miles with immediate effect. Read More
BATM Advanced Communications Ltd - Hod Hasharon, Israel-based provider of real-time technologies for networking solutions and medical laboratory systems - Receives USD1.5 million order from an unnamed "long-standing customer" for the development of a next-generation encryption solution. Notes the solution will have suitability for supporting network speeds "well beyond" current market availability. Says the order is for the extension of work commenced last year and is designed to address risks posed by quantum computing. Adds that it expects to receive additional orders from the customer for this work. Read More
BATM Advanced Communications Ltd - Hod Hasharon, Israel-based provider of real-time technologies for networking solutions and medical laboratory systems - Announces that its Edgility edge virtualisation and management platform has been selected by Telecomunicaçoes Brasileiras SA, a Brazilian telecommunications company that implements the federal government's communication network and supports public broadband policies as well as serving the enterprise market. Telebras is a publicly-held, mixed-economy corporation linked to the Ministry of Communications of Brazil. Read More
(Alliance News) - BATM Advanced Communications Ltd on Monday announced an annual loss as expenses outpaced revenue growth. Read More
BATM Advanced Communications Ltd - Hod Hasharon, Israel-based provider of real-time technologies for networking solutions and medical laboratory systems - Expects to report revenue for continuing operations of at least USD117 million in 2024, little changed from USD116.7 million a year prior. Sees adjusted earnings before interest, tax, depreciation and amortisation for continuing operations of around USD8 million, down from USD9.9 million in 2023. Says revenue increase was achieved against a backdrop of challenging macroeconomic and geopolitical conditions. The increase reflects strong revenue growth in the Cyber and Diagnostics divisions as well as an increase in the group's secondary activities, which offset lower revenues in the Networking division. Read More
(Alliance News) - BATM Advanced Communications Ltd on Monday said it is on track for full-year growth after successfully improving profit and cutting expenses in the first half. Read More
BATM Advanced Communications Ltd - Israel-based provider of technology for networking solutions and medical laboratory systems - Says that Edgility, the company's virtualisation and edge compute platform, has become an Amazon Web Services Qualified Software Partner solution for AWS IoT Greengrass, an open-source edge runtime and cloud service that helps customers build, deploy and manage intelligent device software. It explained that this represents a further route-to-market for Edgility. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - BATM Advanced Communications Ltd on Thursday said it agreed a three-year deal to provide its Edgility edge virtualisation platform and accompanying hardware to Totalplay Telecomunicaciones SAPI de CV. Read More
(Alliance News) - BATM Advanced Communications Ltd on Monday said that it has been awarded another contract from Cemex SAB for its Edgility edge computing and virtual networking solution. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
BATM Advanced Communications Ltd - Israel-based provider of technology for networking solutions and medical laboratory systems - Pretax profit is USD1.5 million in 2023, down 23% from USD1.9 million in 2022. Revenue rises 5.8% to USD122.8 million from USD116.1 million, but operating expenses increase by 9.8% to USD38.2 million from USD34.8 million. Looking ahead, BATM says it entered 2024 with positive momentum in its core activities. It plans to focus on these, and a build-up of its sales team to do so contributed to the higher operating expenses last year. It also will explore the sale of secondary businesses. Its Cyber division has a significant backlog to be delivered in the current year and beyond, BATM says. Read More
(Alliance News) - BATM Advanced Communications Ltd on Monday said it has won a new cyber security order, worth USD3 million. Read More