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Ekinops France - EKNPF STOCK NEWS

Welcome to our dedicated page for Ekinops France news (Ticker: EKNPF), a resource for investors and traders seeking the latest updates and insights on Ekinops France stock.

Ekinops France (EKNPF) delivers cutting-edge telecommunications solutions through optical transport systems, network access platforms, and SD-WAN software services. This dedicated news hub provides investors and industry professionals with essential resource for tracking the company's strategic developments and market position.

Access real-time updates on operational milestones including product innovations, partnership announcements, and financial performance. Our curated collection features official press releases covering:

• Quarterly earnings reports
• Technology deployment announcements
• Strategic partnership updates
• R&D breakthroughs in network infrastructure

Bookmark this page for streamlined access to Ekinops France's verified communications. Monitor the company's progress in delivering integrated telecom solutions while staying informed about its evolving role in global network modernization efforts.

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Ekinops (EKNPF) reported its FY 2024 financial results with revenue at 117.7m€, showing a -9% decline from the previous year. The company achieved an EBITDA margin of 15.3%, up from 14.4% in 2023, despite challenging market conditions.

Key highlights include:

  • Gross margin improved to 54.8% (vs 52.1% in 2023)
  • Access solutions grew +11%, while Optical Transport declined -30%
  • Software & Services represented 18% of revenue
  • Strong operating cash flow of 20.8m€
  • Net cash position improved to 29.5m€

The company unveiled its new 'Bridge' strategic plan, aiming to return to double-digit growth and generate over 30% of annual revenue from Software & Services by 2028. The plan focuses on consolidating leadership in fast-growing market segments and positioning Ekinops as an integrated telecommunications solutions provider, targeting an EBITDA margin close to 20%.

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Orange Business has launched its new SD-WAN Essentials solution, leveraging Ekinops technology. Announced on July 3, 2024, the SD-WAN Essentials offer aims to transform enterprise connectivity into a pathway to the Cloud. This co-managed solution provides businesses with essential SD-WAN services, including control, reliability, performance, application-level routing, and security.

Based on Ekinops SD-WAN Xpress technology, SD-WAN Essentials facilitates secure and intelligent routing while reducing the number of devices and energy consumption. Ekinops CEO Didier Brédy highlighted the solution's role in supporting enterprise digital transition and minimizing carbon footprints. Further details can be accessed in the full French press release.

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Ekinops reported a strong performance for Q3 2022, with consolidated revenue of €32.8 million, a remarkable increase of +36% compared to Q3 2021. For the first nine months, total revenue reached €96.1 million, up +28%. The company attributes its growth to diverse business lines and significant sales in North America, which saw a 62% revenue increase. Ekinops also raised its organic growth guidance to over +20% for the fiscal year, while maintaining gross margin and EBITDA targets. The company is actively considering acquisition opportunities.

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Ekinops, a prominent supplier of optical transport systems, has successfully delivered its 1651 10Gb/s Ethernet Access Device to Stratus Networks, enhancing their wireless backhaul connectivity in Illinois. This device, based on Ekinops' OneOS6, supports wire-speed service activation testing at 10Gbps, streamlining the validation of service level agreements (SLAs). Stratus's implementation of the 1651 is expected to yield operational efficiencies and cost savings by reducing the need for manual testing equipment. The partnership positions Stratus as a pioneering service provider in North America utilizing Ekinops' combined network platforms.

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Ekinops, a provider of telecommunications solutions, announced its commitment to the United Nations Global Compact (UNGC) on September 5, 2022. This initiative promotes sustainable growth through responsible leadership and emphasizes ten principles concerning Human Rights, Labor, Environment, and Anti-Corruption. By signing the UNGC, Ekinops aims to integrate these principles into its operations and publish an annual Community of Practice report detailing its efforts. Didier Brédy, the Chairman and CEO, expressed pride in this commitment towards sustainable value creation.

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Ekinops announces the launch of the Nuvla.io App Vendor Programme through its subsidiary, SixSq, aimed at enhancing edge computing application delivery and monetization. This B2B platform facilitates seamless interactions between app vendors and customers, offering clear pricing and hassle-free monetization. The programme opens opportunities for vendors across various sectors, including logistics and AI-driven cyberattack detection. Ekinops emphasizes agility, flexibility, and security in deploying edge computing solutions, indicating a strong commitment to accelerating technological advancements in diverse industries.

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Ekinops (Euronext Paris: EKI) has announced its enterprise SBC solution, integrated in OneOS6 middleware, has received certification from Microsoft for Direct Routing. This certification enables businesses to utilize Microsoft Teams services while choosing their telecom provider. The SBC range supports employee mobility and enhances productivity by merging traditional telecom functions with Microsoft’s platform. Key offerings include a hybrid SBC (ONeSBC) and a virtualized VNF solution (ONEvSBC), both designed to interconnect legacy communication systems with modern IP-based technologies.

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Ekinops has partnered with Network Solutions Group (NetSG) to provide OneAccess branded enterprise routers across Australia and New Zealand. This collaboration aims to enhance NetSG's managed services, including data, voice, and network management. Central to this offering is the ONE421, a versatile branch office solution supporting speeds up to 200Mbps. Both companies share a vision of simplifying network solutions to foster customer growth.

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Ekinops has been selected by TELUS, a leading communications firm, to implement network function virtualization (NFV) and next-generation software-defined network (SDN) solutions. This partnership includes deploying the OneAccess-branded ONE2501, a multi-service business data router designed for efficiency and reduced environmental impact. The collaboration aims to enhance TELUS' network capabilities while offering cost savings and operational efficiency. Ekinops' Vice President commented on the significant value this project brings to service providers.

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Ekinops (Euronext Paris: EKI) has achieved a significant milestone by successfully conducting its first 5G business connectivity tests with Orange Business Services at their Orange Labs. Utilizing its 5G capable OneAccess router with OneOS6 software, Ekinops demonstrated its capability to support various network functions for enterprise connectivity needs. The tests showcased the potential of 5G for both large and small enterprise sites, confirming its viability as a primary connection. Ekinops and Orange are collaborating on packaged solutions expected in 2021.

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Ekinops France

OTC:EKNPF

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22.91M
15.28%
41.86%
Communication Equipment
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