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08.05.25 - 07:01
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Smartoptics Group AS (SMOP) – Q1 2025 financial results (Cision)
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Oslo, 8 May 2025 - Smartoptics Group AS (Smartoptics, OSE: SMOP) today reported revenues of USD 14.4 million in the first quarter of 2025. This is a growth of 13.5 percent compared to the first quarter of 2024. EBITDA was USD 1.2 million (1.1 million in the first quarter of 2024). The gross margin of 47.3 percent, down from 48.6 percent in the first quarter of 2024. The EBITDA margin was 8.4 percent, unchanged compared to the same quarter in 2024.
“In the first quarter of 2025, Smartoptics continued to grow well. This is another proof point that we are back on our long-term trend of solid...
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07.05.25 - 23:48
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XFRA: DIVIDEND/INTEREST INFORMATION - 09.05.2025 - NO0011012502 (XETRA)
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Das Instrument 3YL NO0011012502 SMARTOPTICS GRP AS NK-,02 EQUITY wird cum Dividende/Zinsen gehandelt am 08.05.2025 und ex Dividende/Zinsen am 09.05.2025
The instrument 3YL NO0011012502 SMARTOPTICS GRP AS NK-,02 EQUITY has its pre-dividend/interest day on 08.05.2025 and its ex-dividend/interest day on 09.05.2025...
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11.04.25 - 07:01
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Smartoptics Group AS (SMOP) releases Annual report 2024 (Cision)
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Oslo, April 11, 2025 - Smartoptics, a leading provider of optical networking solutions, today released its Annual Report 2024.
“While we saw a slight revenue decline for 2024 as a whole, we ended the year on a very strong note, with 22 percent revenue growth in the fourth quarter, and a significant uptick in profitability. With this, an exceptional period of four consecutive quarters of soft market and revenue decline came to an end,” said CEO of Smartoptics, Magnus Grenfeldt.
Despite soft revenue development during the first quarters of 2024, Smartoptics continued to build for the future....
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23.10.24 - 06:07
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Smartoptics Group AS (SMOP) – Q3 2024 financial results (Cision)
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Oslo, 23 October 2024 – Smartoptics Group AS (Smartoptics, OSE: SMOP) today reported revenues of USD 13.0 million in the third quarter of 2024. This is unchanged compared to the second quarter 2024 and a decline of 4.5 percent from the third quarter 2023. EBITDA was USD 1.1 million (2.7 million in the third quarter 2023). The gross margin was sequentially stable at 47.4% in the third quarter (50.0%), and the EBITDA margin was 8.3% (19.8%), a sequential improvement from 7.8%.
While the result reflects continued softness in the market it is also a demonstration of a sequential stabilization....
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23.10.24 - 06:06
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Smartoptics enters long-term partnership with US technology solutions provider WIN Technology (Cision)
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Oslo, Norway – October 23, 2024 – Smartoptics, a leading provider of optical networking solutions, today announced that it has entered into a long-term partnership with WIN Technology for the modernization and upgrade of the company's network, serving organizations across Minnesota, Wisconsin, Iowa, Illinois and Michigan.
“Recent product launches and targeted market efforts have further strengthened Smartoptics' offering towards large- and mid-size operators. The partnership with WIN Technology is another validation of our attractiveness in this segment. WIN exemplifies the immense potential...
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05.09.24 - 17:01
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ASOM-Net reduces TCO with Smartoptics 400G disaggregated networking (Cision)
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Oslo, Norway – September 5, 2024 – Smartoptics, a leading provider of optical networking solutions, today announced that ASOM-Net, a Danish non-profit ISP, has selected Smartoptics for 400G disaggregated optical networking. The Smartoptics solution is used with the IP Infusion platform to provide flexibility and a compact footprint, reducing total cost of ownership.
ASOM-Net is a non-profit managed services organization and ISP with 75,000 subscribers in Denmark. Television, internet and phone services are provided to the ISP's associated members. To meet ASOM-Net's need for a flexible and...
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15.07.24 - 06:01
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Smartoptics Group AS (SMOP) – Q2 2024 financial results (Cision)
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Oslo, 15 July 2024 - Smartoptics Group AS (Smartoptics, OSE: SMOP) today reported revenues of USD 13.0 (17.0) million in the second quarter of 2024, and an EBITDA* of USD 1.0 (3.2) million, reflecting continued softness in the market as previously communicated. Anticipating a recovery in the market during the second half of 2024, the company maintains its revenue ambition in the range of USD 100 million by 2025/2026.
“Smartoptics is in an ideal position to benefit from the robust and lasting growth trends within optical networks, fueled by the increasing demand for bandwidth. The revenue...
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03.07.24 - 12:48
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Commsworld increases competitiveness in UK market with Smartoptics 400G solutions (Cision)
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Oslo, Norway – July 3, 2024 – Smartoptics, a leading provider of optical networking solutions, today announced that Commsworld, a telecom network provider and ISP based in Scotland, has chosen Smartoptics ROADMs, open management software and muxponders to upgrade its optical core network to 400G. The network connects Scotland with England and can now provide 100G services to customers.
Commsworld operates the largest privately owned Optical Core Network in the UK. The network connects over 30 towns and cities across the country including Edinburgh, Glasgow, Manchester, Leeds, Birmingham and...
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