Revenue Update on ADDvantage Technologies Group(NASDAQ:AEY)

ADDvantage Technologies Group(NASDAQ:AEY) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Aug 9, 2016. Earnings per share were $0.03.

ADDvantage Technologies Group (AEY) made into the market gainers list on Wednesdays trading session with the shares advancing 0.29% or 0.0052 points. Due to strong positive momentum, the stock ended at $1.8, which is also near the day’s high of $1.8. The stock began the session at $1.8 and the volume stood at 6,704 shares. The 52-week high of the shares is $2.4 and the 52 week low is $1.3. The company has a current market capitalization of $18 M and it has 1,01,34,235 shares in outstanding.

ADDvantage Technologies Group Inc. through its subsidiaries distributes and services a range of electronics and hardware for the cable television (Cable TV) and telecommunications (Telco) industries. The Company provides equipment repair services to cable operators. The Company has two segments: Cable Television (Cable TV) and Telecommunications (Telco). The Company’s Cable TV segment sells new surplus and refurbished cable television equipment to cable television operators or multiple system operators (MSOs) or other resellers that sell to these customers throughout North America Central America South America and to other international regions. The Company’s Telco segment offers its customers a range of used telecommunication equipment across various manufacturers consisting of component parts to expand capacity provides spares or replaces non-working components. The Telco segment’s switching equipment products originate terminate and route voice traffic.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

ADDvantage Technologies Group - Is it time to Sell?

Top Brokerage Firms are advising their investors on ADDvantage Technologies Group. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.