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Sonim Technologies Inc   (NASDAQ: SONM)
Other Ticker:  
 
    Sector • Technology    Industry • Consumer Electronics
   Industry • Consumer Electronics
   Sector • Technology
 
Price: $3.2600 $0.00 0.000%
Day's High: $3.5 Week Perf: -10.93 %
Day's Low: $ 3.10 30 Day Perf: -9.94 %
Volume (M): 103 52 Wk High: $ 10.70
Volume (M$): $ 336 52 Wk Avg: $4.70
Open: $3.32 52 Wk Low: $2.32



 Market Capitalization (Millions $) 16
 Shares Outstanding (Millions) 5
 Employees 112
 Revenues (TTM) (Millions $) 62
 Net Income (TTM) (Millions $) -11
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Sonim Technologies Inc
Sonim Technologies Inc is a leading provider of rugged mobile devices specifically designed for workers in challenging and extreme environments. The company is known for its ultra-durable and reliable phones, which are built to withstand harsh conditions, drops, water immersion, extreme temperatures, and chemical exposure. Sonim's devices also come with powerful communication features, such as loud speakers and push-to-talk capabilities, making them ideal for industries like construction, public safety, transportation, and manufacturing. The company's mission is to provide workers with the tools they need to stay connected, productive, and safe in their demanding jobs.


   Company Address: 4445 Eastgate Mall San Diego 92121 CA
   Company Phone Number: 378-8100   Stock Exchange / Ticker: NASDAQ SONM


   

Stock Performances by Major Competitors

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Sonim Technologies Inc

Sonim Technologies Inc Delivers Impressive Financial Performance, Defying Sector Decline

Sonim Technologies Inc, a leading Consumer Electronics company, recently reported impressive financial results with a remarkable revenue rise of 121.046% year on year to $26.43 million in its most recent fiscal period. This surprising performance stands out in stark contrast to the overall decline of -14.54% in the Consumer Electronics sector. As a result, the company's profitability turned positive at $0.01 per share.
What makes Sonim Technologies Inc's success even more noteworthy is the fact that it maintained its earnings per share at $0.01, while its revenue also increased by 2.422% from $25.80 million in the prior reporting season. This demonstrates the company's ability to effectively manage its costs and improve its bottom line.
Sonim Technologies Inc

Sonim Technologies Inc Reports Impressive 94.607% Revenue Surge in First Quarter of 2023 Earnings Season, Achieves Profit of $0.01 per Share

Sonim Technologies Inc (SONM) has managed to turn a corner in the first quarter of 2023 earnings season by posting a profit of $0.01 per share, compared to a loss of $0.38 a year before. Additionally, the company's revenue increased at an impressive rate of 94.607% to $25.80 million, up from $13.26 million in the corresponding period a year prior.
This significant growth in earnings and revenue shows that Sonim Technologies is on the right track, and the company's continued success is further indicated by the improvement to its profit margins. The net margin, which increased to 0.88% in the first quarter of 2023, highlights the company's ability to generate more income per dollar of revenue, while the operating margin's slight growth to 1.29% demonstrates Sonim's improved efficiency in running its business.






Sonim Technologies Inc's Segments
Smartphones    52.97 % of total Revenue
Feature Phones    45.13 % of total Revenue
Accessories and Other    1.9 % of total Revenue
United States    77.67 % of total Revenue
Asia Pacific    0.65 % of total Revenue
Canada    21.17 % of total Revenue
Europe and Middle East    0.51 % of total Revenue
Product Sales    99.99 % of total Revenue
Services    0.01 % of total Revenue





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