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Wireless

Sonic reduces loss in Q4, sees brighter future helped by new products

Thursday 11 March 2021 | 11:29 CET | News
Sonic Technologies, a US provider of rugged devices, narrowed its net loss in the fourth quarter, amid lower revenues. CEO Tom Wilkinson said the company has shifted in the past few months from reducing costs to launching new products and investing in sales and marketing. The company believes the new products will let it enter new markets, with a four-fold increase in its addressable market.

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Categories: Mobile & Wireless
Companies: Sonim Technologies
Countries: World
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