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SONIM TECHNOLOGIES INC reports $227 million Q1 profit

SONIM TECHNOLOGIES INC reports $227 million Q1 profit

The company generated $25.80 million in quarterly revenue

By USInMinutes
Published - May 09, 2023, 04:32 PM ET
Last Updated - Jul 18, 2023, 03:32 PM EDT

SONIM TECHNOLOGIES INC [SONM] has reported fiscal Q1 profit of $227 million.

On a per-share basis, the DE based company said its diluted earnings are $0.01.

The Telephone & Telegraph Apparatus firm posted revenue of $25.80 million in this period.

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