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Wireless

Sonim lowers FY guidance on product delays, appoints interim CFO

Wednesday 11 September 2019 | 11:48 CET | News
Sonim Technologies, which held its IPO in the spring, has provided a financial update for this year and announced the appointment of an interim CFO, Bob Tirva. For the year to end December, Sonim has lowered its guidance, saying it now sees revenues at or just below those of 2018 at USD 135.7 million, with a net loss of up to USD 15 million and an adjusted EBITDA loss of up to USD 5 million.  

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