Sonim Technologies (SONM) Company Overview

Launch marks debut of Sonim mobile hotspots in the region London, United Kingdom and Helsinki, Finland--(Newsfile Corp. - February 6, 2025) - Sonim Technologies (NASDAQ: SONM), a leading U.S.-based manufacturer of rugged and reliable mobile solutions, today announced the availability of the Sonim Spot™ H100 4G LTE mobile hotspot in Europe. The device is available through distributors and resellers with plans to launch later this month through mobile operator Telia in Finland.

Built tough for every challenge, the Sonim XP400 combines advanced rugged specs, 5G connectivity, and essential productivity tools in a sleek, durable design-perfect for prosumers, tradesmen, and adventurers who demand performance that lasts. London, United Kingdom--(Newsfile Corp. - January 22, 2025) - Sonim Technologies (NASDAQ: SONM), a U.S.-based leader in rugged mobile solutions, today announced the availability of the Sonim XP400 5G smartphone across Europe, South Africa, and Australia.

Improved revenue and achieved key milestones, paving the way for sustainable growth and product leadership San Diego, California--(Newsfile Corp. - January 15, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of 5G mobility solutions today announces preliminary select unaudited financial results for the fourth quarter of 2024. The company reached significant milestones in product innovation, market reach, and channel development that position Sonim for substantial revenue and earnings growth starting in 2025.

HAUPPAUGE, N.Y. , Jan. 15, 2025 /PRNewswire/ -- Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, announced today that at the close of the Consumer Electronics Show in Las Vegas that it has entered into an agreement in principle with AJP Holding Company, LLC ("AJP") to acquire from AJP a substantial position in the shares of Sonim Technologies, Inc. (NASDAQ:SONM) ("Sonim"), a leading U.S. provider of ultra-rugged mobility solutions.

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With unmatched durability and advanced features, the uniquely sleek XP Pro 5G is engineered for extreme environments and demanding professionals, from mission critical to the boardroom San Diego, California--(Newsfile Corp. - November 21, 2024) - Sonim Technologies Inc. (NASDAQ: SONM) just unveiled the new XP Pro 5G, the company's next generation ultra rugged smartphone supporting Verizon's 5G Ultra Wideband. Available starting today with Verizon, this latest flagship phone benefits from over two decades of innovation in rugged phone design, offering unmatched durability in a sleek, stealthy profile.

Sonim (SONM) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of a loss of $0.66. This compares to earnings of $0.10 per share a year ago.

Expands reach in North America and Australia with launch of new mobile hotspots; launched new rugged phone in Europe San Diego, California--(Newsfile Corp. - November 13, 2024) - Sonim Technologies, Inc. (Nasdaq: SONM), a leading provider of mobility solutions that include ultra-rugged and rugged phones, connected devices, software, services and accessories designed to provide extra protection for users that demand more durability in their work and everyday lives, reported financial results for the quarter ended September 30, 2024. Third Quarter 2024 and Recent Highlights Net revenues increased 30.4% sequentially to $15.0 million, from $11.5 million in the second quarter GAAP net loss for the quarter was $2.5 million, compared to $6.6 million, which included a $3.2 million impairment charge, in the second quarter Adjusted EBITDA[*]was negative $1.1 million, improved from negative $2.0 million in the second quarter 2024 Ended the quarter with cash and cash equivalents totaling $9.1 million, trade accounts receivable of $5.2 million, and inventory valued at $12.4 million Expanded new product launch activity with carriers and distributors in North America, Europe, South Africa, and Australia for Sonim's new portfolio of connected solutions and next-generation rugged devices Unveiled new XP400 smartphone and XP100 feature phone devices for the European and South African markets Launched new H700 5G rugged mobile hotspot device in Australia, the industry's first rugged Release 17 5G, Wi-Fi 7 mobile hotspot Launched new H500 5G rugged mobile hotspot with Verizon Wireless in North America, the industry's first rugged 5G millimeter wave mobile hotspot Secured a major device upgrade agreement with a leading Fortune 500 company in the food and beverage industry, strengthening Sonim's reputation as a reliable brand and partner for enterprise field workers Peter Liu, Sonim's Chief Executive Officer, said: "Revenue grew in the third quarter as demand for our existing rugged smartphones increased and major global markets expand their adoption of our new rugged mobile phone and connected solutions devices, a trend we expect to continue in the fourth quarter.

Industry's first rugged 5G millimeter wave mobile hotspot now available for Verizon business, government, and Frontline customers San Diego, California--(Newsfile Corp. - November 5, 2024) - Sonim Technologies (NASDAQ: SONM), a leader in rugged mobile solutions, today announced availability of the Sonim H500 5G Mobile Hotspot at Verizon Wireless (Sonim H500 5G for Business | Verizon). As the industry's first rugged 5G millimeter wave hotspot, this device is engineered to redefine reliable connectivity for Verizon customers.