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Wireless

Telit sees higher EBITDA, profit in cash despite lower revenues in H1

Thursday 9 July 2020 | 12:53 CET | News
Telit Communications has released a trading update for the first half, which it expects to report sometime in August. Despite the dampening effects of the coronavirus pandemic on revenues, the company expects to report higher adjusted EBITDA and profit in cash figures. IoT Connectivity and Platform services are also forecast up despite market conditions. 

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Categories: Mobile & Wireless
Companies: Telit Communications
Countries: World
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