Investor deep dive
MTI Wireless Edge eyes potential from 5G implementation
Institution ups stake in MTI Wireless as its doubles first quarter profits
The firm saw pre-tax profits more than double in Q1 while also recording significant growth in its order book.
For the three months ended 31 March pre-tax profits had risen to US$560,000 from US$250,000 previously, while revenues had jumped 16% year-on-year to US$9.1mln
Quick facts: MTI Wireless Edge Limited
Market Cap: £25.88 m
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