6th Oct 2010 07:00
TELIT COMMUNICATIONS PLC
("Telit" or the "Company")
Trading Update - Third quarter 2010 performance
Telit Communications plc (AIM:TCM), a global leader in machine-to-machine (M2M) communications, is pleased to announce that during the third quarter of the year overall global demand for its products continued to be strong across multiple industry verticals. The strong order flow continues following the period end.
Revenues in the first nine months of 2010 were approximately US$98 million, representing a growth of more than 60% over the same period in 2009.
For further information please visit www.telit.com or contact:
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Telit Communications Plc |
Tel: +39 06 4204601 |
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Oozi Cats, CEO Yariv Dafna, CFO Michael Galai, VP Legal & General Counsel |
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Astaire Securities Plc, Nomad & Broker |
Tel: +44 20 7492 4775 |
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Shane Gallwey / Katie Shelton
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