Sonim Reports 66% Sequential Revenue Increase in Second Quarter
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Sonim Technologies (SONM) Tops Q2 EPS by 5c, Revenues Beat
August 12, 2020 4:05 PM EDTSonim Technologies (NASDAQ: SONM) reported Q2 EPS of ($0.22), $0.05 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $21.1 million versus the consensus estimate of $14.9 million.
Sequential Second Quarter 2020 and Recent Highlights
Net revenues of $21.1 million, an increase of 65.7% from the first quarterGross margin... More