ADDvantage Technologies Announces Financial Results for the Fiscal First Quarter of 2018
ADDvantage Technologies Group, Inc. (AEY)
US:NASDAQ Investor Relations:
addvantagetechnologies.com/investor-relations/4544760689
Company Research
Source: GlobeNewswire
BROKEN ARROW, Okla., Feb. 13, 2018 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ:AEY), today announced its financial results for the three month period ended December 31, 2017. “Revenues for the first fiscal quarter of 2018 were relatively flat compared with the same period in the prior year as declines in the Cable TV segment offset improved Telco segment sales,” commented David Humphrey, President and CEO of ADDvantage Technologies. “On the Telco side, we are pleased with Triton’s performance, which generated improved revenues and gross margins year-over-year. We are also starting to see improved results from Nave Communications in recent weeks, driven by the improved sales strategy and sales organization restructuring implemented in late fiscal 2017. Looking ahead, we expect the sales and operational improvements we are making at Nave will generate higher sales and improved bottom-line results as its growth strategy continues to take effect. Although there is
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News
- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
AEY
Sec Filings
- 2/5/24 - Form 8-K
- 2/1/24 - Form 8-K
- AEY's page on the SEC website