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Wireless

Sonim Q1 net revenues fall 52%, net loss widens to USD 10 million

Friday 15 May 2020 | 15:59 CET | News
Sonim Technologies saw its Q1 net revenues drop 52 percent to USD 12.7 million. The decrease in net revenues was primarily attributable to lower volumes of devices sold due to one key US carrier that completed a prior minimum required purchase agreement in 2019. 

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