BATM Advanced Communications celebrates contract win of USD3.4 million
6th Sep 2023 12:11
(Alliance News) - BATM Advanced Communications Ltd on Wednesday said that it has received a new cyber security contract, valued at USD3.4 million. Read More
(Alliance News) - BATM Advanced Communications Ltd on Wednesday said that it has received a new cyber security contract, valued at USD3.4 million. Read More
BATM Advanced Communications Ltd - Israel-based networking technology and medical lab systems - Pretax profit rises 19% to USD726,000 in first half of 2023 from USD611,000 a year before. Revenue rises by just 4.7% to USD60.2 million from USD57.5 million, but BATM swings to net finance income from expense. On an adjusted basis, pretax profit doubles to USD2.3 million from USD1.0 million. Says strategic review conducted during the recent half-year established the Networking, Cyber and Diagnostic lines of business as BATM's core activities, with divestment of the Distribution and Eco-Med businesses possible. Looking ahead, BATM said it expects to report growth for all of 2023 in line with market expectations. Says it enters the second half of the year in a better position in terms of revenue momentum and backlog than a year before, with all business units expected to see revenue increases in the second half. Read More
BATM Advanced Communications Ltd - Hod Hasharon, Israel-based networking and medical technology company - Says "a leading provider of emergency connectivity services in North America" has awarded it a five-year contract for its Edgility edge computing platform. This is the first time Edgility will be used to support critical public infrastructure. Customer will use the platform to deliver the call-handling system for 911 Emergency Services and the 988 National Suicide Prevention & Mental Health Crisis Lifeline across a major US State. BATM says using Edgility will facilitate enhanced responsiveness and faster call resolution times, and reduce the need for additional hardware. 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 plunge in full-year profit and revenue as demand dropped for Covid-19 products, but expects revenue to up by a double-digit percentage in new year. Read More
BATM Advanced Communications Ltd - Hod Hasharon, Israel-based networking and medical technology company - Wins a government cyber security order, worth USD26 million. The order is to be delivered within a maximum period of five years and will begin this year. Says the order is from BATM's "long-standing government defence department customer", which it doesn't name, and is for the supply of BATM's network cyber platform that integrates advanced equipment and software. "It enables the deployment of secure networking in mission critical and national scale networks, to prevent cyber-attacks and the leak of confidential data," BATM adds. Read More
(Alliance News) - BATM Advanced Communications Ltd on Thursday announced a multi-year contract with CityFibre Holdings Ltd, and expects multi-million dollar sales of diagnostic products. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday 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 Tuesday and not separately reported by Alliance News: Read More
BATM Advanced Communications Ltd - Hod Hasharon, Israel-based networking and medical technology company - Promotes Chief Financial Officer Moti Nagar to become its chief executive officer, effective from January 1 next year. Says its current CEO Zvi Marom will step down on the same date, but will remain on the board as a non-executive director. Read More
(Alliance News) - BATM Advanced Communications Ltd on Wednesday reported its half-year profit fell dramatically, as revenue plunged on lower demand for Covid-19 related products. Read More
BATM Advanced Communications Ltd - Hod Hasharon, Israel-based networking and medical technology company - Appoints Eran Zahavy as the chief executive officer of associate firm ADOR Diagnostics. It says Zahavy has more than 20 years' experience in government and private bioscience organisations. Zahavy had served as chief technology officer at Bio-Medical division and as senior scientific consultant to ADOR. 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
BATM Advanced Communications Ltd - Hod Hasharon, Israel-based networking and medical technology company - Says its Telco Systems subsidiary has partnered with Nexcom International Co Ltd. Does not disclose the value of the partnership. Says it will provide its Edgility virtual networking and edge compute solution pre-installed on Nexcom's 5G-ready network appliance. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
BATM Advanced Communications Ltd - Israel-based networking and medical technology company - For 2021, posts pretax profit at USD24.9 million, up 88% from USD13.3 million the year before, in spite of total revenue declining 24% year-on-year to USD140.0 million from USD183.6 million. Read More