The biggest strategic driver for CUI remains the potential for the GasPT product to deliver dramatic revenue growth in the Energy segment in 2019 and beyond; however, these results show that the company remains focussed on achieving performance across the portfolio.Full report is available via Capital Network website
MTI Wireless Edge Limited (LON:MWE) is a world leader in developing and manufacturing high quality and cost effective antenna solutions for commercial and military applications, as well as control systems for remotely operated smart irrigation systems. The company has achieved strong growth in recent years, with a three-year revenue compounded annualises growth rate (CAGR) of 22% and an earnings per share (EPS) CAGR of 70%. These dynamics have supported a share price increase of 170% over the three years.
During the last week, the company has made two significant announcements:
The company came into being in its current form via the August 2018 merger of MTI Wireless Edge with MTI Computers, with Moni Borovitz playing a leading role in delivering the merger.
In this report, we present a reminder of the key dynamics of the merger. We note that since the merger, the share price has yet to stabilise and we believe that the buyback may be helpful in this regard.
MTI Wireless Edge (LON:MWE) is a technology group focussed on communication and radio frequency solutions. The applications addressed include civil and military communications, wireless irrigation controls, and speciality consulting services in the antennas and electronics space.