Redknee Q2 revenue up by a quarter

Redknee said its revenue reached $16.6 million from $13.5 million in the three months to March.
 
Gross margin eased to 68% compared to 72% for the second quarter of fiscal 2010, due to product mix having lower gross margin.
 
Operating expenses increased to 60% of revenue from 58% previously due mainly to the addition of operating costs from Nimbus.
 
Net income was $0.4 million or $0.01 per share, the same as in the second quarter of fiscal 2010.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.