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Technology Sector

Communications Equipment Industry  




Data by Company within Communications Equipment Industry


  Marketcap Revenues (TTM) Net Income (TTM) Employees
Company (Millions) (Millions) (Millions) Number
Corning Inc $ 24,609 $ 13,000 $ 671 61,200
Vislink Technologies Inc $ 9,746 $ 27 $ -13 -
Iridium Communications Inc $ 4,971 $ 790 $ -23 41
Belden Inc $ 2,940 $ 2,620 $ 266 8,200
Lumentum Holdings Inc $ 2,940 $ 1,498 $ -46 2,930
Esco Technologies inc $ 2,775 $ 956 $ 93 3,254
Vocera Communications Inc $ 2,760 $ 234 $ -8 590
Ihs Holding Ltd $ 1,557 $ 1,961 $ -470 -
Napco Security Technologies inc $ 1,178 $ 172 $ 35 1,081
Turtle Beach Corporation $ 195 $ 259 $ -49 135
Iteris inc $ 186 $ 169 $ 0 -
Rekor Systems Inc $ 183 $ 28 $ -41 -
Powerfleet Inc $ 83 $ 132 $ -4 201
George Risk Industries Inc $ 62 $ 19 $ 5 175
Knightscope inc $ 61 $ 12 $ -27 -
Wireless Telecom Group Inc $ 46 $ 19 $ 12 -
Utstarcom Holdings Corp $ 32 $ 14 $ -5 481
Inseego Corp $ 29 $ 205 $ -20 507
Asia Pacific Wire and Cable Corporation Limited $ 28 $ 434 $ 5 1,190
Senstar Technologies Ltd $ 27 $ 36 $ 8 -
Optical Cable Corporation $ 26 $ 74 $ 5 342
Alpine 4 Holdings Inc $ 23 $ 106 $ -21 -
Amplitech Group Inc $ 17 $ 16 $ -3 5
Maris tech Ltd $ 8 $ 3 $ 4 -
Actelis Networks Inc $ 4 $ 7 $ -11 -
Track Group Inc $ 3 $ 35 $ -6 -
Iwallet Corp $ 1 - $ 0 -
The Coretec Group Inc $ 0 - $ -3 -
Comsovereign Holding Corp $ 0 $ 12 $ -154 -
Alr Technologies Inc. - $ 0 $ -8 -
Communications Equipment Industry $ 54,488 $ 22,837 $ 187 80,332
  Recent News from Communications Equipment Industry
Dividend

Connecting the Dots: Unleashing Possibilities in the Digital Era with Belden Inc.



In a recent press release, Belden Inc. (NYSE: BDC), a global leader in providing connectivity solutions, announced the declaration of a quarterly dividend to its shareholders. The company's commitment to delivering excellence in infrastructure and enabling seamless digital transformation remains unwavering. This dividend payout signifies Belden's strong financial standing, as well as its efforts to maximize returns for its shareholders. With a forward-thinking approach and a performance-driven portfolio, Belden is poised to redefine connectivity in the digital age.
Belden's Transformation and New Strategic Direction:
Belden is no longer content with merely providing connectivity; it aims to revolutionize the possibilities enabled by their infrastructure solutions. The company is driven by its vision of simplifying, smartening, and securing the digital journey for its customers. This transformation represents a fundamental shift, from focusing solely on the products it makes to the unprecedented opportunities it can create.

Esco Technologies Inc

Earnings and revenue Increased at the ESE during the financial fourth quarter of 2023



Esco Technologies Inc has recently reported impressive financial results for the fourth quarter of 2023 and the full fiscal year. With significant increases in sales, orders, and earnings per share, the company is positioned for continued success. This article will explore the implications of these results and how they are expected to impact Esco Technologies Inc in the coming months.
1. Strong Revenue Growth:
Esco Technologies Inc experienced an 11% increase in sales to $956 million for the fiscal year 2023, indicating a growing customer base and strong market demand. This growth was further reflected in the fourth-quarter revenue, which saw an increase of 4.927% to $270.99 million compared to the same period in the previous year.

Knightscope Inc

Knightscope Inc Shatters Records with Unprecedented Revenue Growth

Knightscope Inc, a communications equipment company, has recently announced a significant improvement in revenue. In the most recent fiscal period, the company saw a remarkable revenue growth of 177.021% year on year, amounting to $3.05 million. However, despite this revenue growth, Knightscope Inc incurred a loss of $-0.11.
This strong performance by Knightscope Inc comes as a surprise to many, particularly in the communications equipment sector. This industry as a whole has experienced a decline in top-line revenue, with a significant decrease of -10.67%. Therefore, Knightscope Inc's ability to achieve revenue growth is quite remarkable and sets them apart from their competitors.

Powerfleet Inc

Powerfleet Inc Reports Robust Revenue Consolidation and Strong Performance in Q3 2023

Declining Orders Lead to Losses for Powerfleet Inc in Fiscal 2023
Powerfleet Inc, a leading communications equipment company, reported losses in the fiscal period ending September 30, 2023, due to a decline in orders. The company's revenue also fell by 0.193% to $34.12 million compared to the previous year. Loss per share was recorded at $-0.14, an increase from the $-0.10 per share loss reported in the corresponding period last year.
Furthermore, the company experienced a surge in losses from $-0.12 per share, while revenue increased by 6.5% from $32.03 million in the preceding financial reporting period. These financial indicators have raised concerns among investors regarding the future performance of Powerfleet Inc.

Contract

Actelis Receives Order From Major German Energy Provider For Encrypted, Cyber-Hardened, Hybrid-Fiber Networking MACsec Encrypted Products Chosen To Help Secure Data And Protect Network Operations


In a significant development, Actelis Networks Inc, a leading provider of networking solutions, has recently received a notable order from a major German energy provider. The order entails the deployment of Actelis' encrypted, cyber-hardened, hybrid-fiber networking MACsec encrypted products to reinforce the security of data transmission and protect network operations.
In today's digital age, ensuring the privacy and security of data has become a paramount concern for all industries. With the increasing reliance on interconnected systems, it is crucial to safeguard sensitive information from unauthorized access and potential cyber threats. The energy sector, in particular, deals with critical infrastructure and confidential data that necessitate stringent security measures.

Iwallet Corp

Rapid Surge in Expenditures Threatens Stability of 'Iwallet Corp' in the Latest Fiscal Period

As we delve deeper into the financial results of the Communications Equipment industry, we uncover the intriguing numbers of some lesser known businesses that are making their mark. One such company, iWallet Corp, recently disclosed its operating deficit of $-0.008103 million for the third quarter of 2023, shedding light on the current state of affairs within the organization.
To truly comprehend the significance of this result, it is important to compare it with the operating deficit of the same quarter in the previous year, which stood at $-0.004925 million. This comparison showcases iWallet Corp's continued positive trajectory, as the company remains in the green and has even managed to improve its net income from $-0.023 million in the third quarter of 2022 to $0.001 million in the most recent fiscal period. This upward trend suggests that iWallet Corp is actively taking steps to overcome financial challenges and drive towards profitability.

Amplitech Group Inc

Amplitech Group Inc: Shocking Decline in Returns Reaches -$0.09, but Long-Term Potential Remains Untouched

Amplitech Group Inc: A Promising Outlook Despite Recent Setbacks
Amplitech Group Inc, a leading player in the tech industry, recently reported its financial results for the most recent fiscal period, which might appear disappointing at first glance. However, a deeper analysis suggests that these setbacks are merely temporary and should not overshadow the company's long-term potential.
In terms of earnings, Amplitech Group Inc reported a shortfall per stock of $-0.09 per share in the most recent fiscal period, compared to $0.06 in the same period a year before. Additionally, there was an increased shortfall from $-0.05 per share from the preceding quarter. While this may be concerning, it is crucial to note that these figures do not reflect the company's true growth potential.

Actelis Networks Inc

Actelis Networks Inc's Shocking Revenue Decline: A Troubling Sign for the Future

Actelis Networks Inc is a telecommunications company that specializes in providing advanced broadband solutions for businesses. The recent financial results for the fiscal period ending September 30, 2023, show some concerning trends for the company.
One notable aspect of the financial report is the widening of losses for Actelis Networks Inc. The losses per share increased from $0.13 in the previous year to $0.32 in the current fiscal period. However, it should be noted that the earnings per share (EPS) improved from a loss of $0.68 per share in the previous reporting season, suggesting some positive developments in the company's financial performance.

Rekor Systems Inc

Rekor Systems Inc Shatters Expectations with Jaw-Dropping Revenue Surge, Ending Sep 30 2023 Fiscal Quarter



Rekor Systems Inc, a leading player in the Communications Equipment sector, achieved remarkable results during the July to September 2023 fiscal span. The company reported a notable decrease in losses per share, an improvement in earnings per share, and a substantial increase in revenue. These positive developments might significantly impact the company's future performance.
Decreased Losses and Improved Earnings:
During the July to September 2023 fiscal span, Rekor Systems Inc managed to reduce its loss per share from $-0.90 in the same period last year to $-0.16. This represents an impressive positive trend, indicating the company's ability to cut costs and enhance efficiency. Moreover, the improvement in earnings per share from $-0.18 in the previous reporting season adds further credence to Rekor Systems' growth potential.

Product Service News

Belden Unveils Breakthrough Solutions: Redefining Network Connectivity and Security for the Modern Era

Belden Launches Innovative Solutions to Simplify Network Connectivity and Enhance Security
St. LOUIS - Belden Inc. (NYSE: BDC), a renowned global provider of network infrastructure and digitization solutions, is proud to announce the release of cutting-edge products designed to revolutionize power and data transmission, optimize space utilization, and simplify network connectivity. With a focus on enabling seamless expansion and enhancing security measures, these new solutions aim to address the evolving needs of enterprises in an increasingly interconnected world.
One of the key offerings is the Belden FiberExpress Enterprise Closet X (FX ECX) Wall-Mount Fiber Enclosures. These enclosures allow enterprises to effortlessly incorporate additional fiber connections without compromising valuable square footage. Even in environments that are not specifically designed to support such expansions, the FX ECX Wall-Mount Fiber Enclosures provide a cost-effective and space-saving solution. This remarkable advancement in network technology ensures that enterprises can scale up their operations without the hassle of costly renovations or reconfigurations.







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