Sonim Technologies, Inc. (SONM)

NASDAQ: SONM · IEX Real-Time Price · USD
0.505
-0.075 (-12.91%)
May 15, 2024, 3:59 PM EDT - Market closed
-12.91%
Market Cap 21.94M
Revenue (ttm) 84.61M
Net Income (ttm) -3.22M
Shares Out 43.21M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE 48.92
Dividend n/a
Ex-Dividend Date n/a
Volume 390,207
Open 0.521
Previous Close 0.580
Day's Range 0.480 - 0.619
52-Week Range 0.440 - 1.300
Beta 2.39
Analysts n/a
Price Target n/a
Earnings Date May 14, 2024

About SONM

Sonim Technologies, Inc. provides ruggedized mobile phones and accessories for task workers. The company offers ruggedized mobile phones, such as Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; Sonim mobile hotspot; industrial-grade accessories. It sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada; and sells wireless carrier channels through distribution channels in North America and Europe. The company serves transportation and logistics, construction, manufacturing, facilities m... [Read more]

Sector Technology
IPO Date May 10, 2019
Employees 67
Stock Exchange NASDAQ
Ticker Symbol SONM
Full Company Profile

Financial Performance

In 2023, SONM's revenue was $93.63 million, an increase of 34.09% compared to the previous year's $69.83 million. Losses were -$90,000, -99.36% less than in 2022.

Financial Statements

News

Sonim Reports 25% Sequential Increase in Revenue, Continues Advancement into New Addressable Markets

Advancing 13 Carrier Awards Toward Launch Dates Commencing in Summer 2024 Entry Into New Product Markets and Europe Drive 2024 Growth Opportunities Expanding Portfolio and Carrier Awards Boost Company...

1 day ago - Newsfile Corp

Sonim Closes $3.85 Million Growth Capital Transaction Priced 126% Above Market

Equity Transaction Supports Accelerated Growth via New Addressable Markets and Global Expansion San Diego, California--(Newsfile Corp. - April 29, 2024) - Sonim Technologies, Inc. (NASDAQ: SONM), a le...

16 days ago - Newsfile Corp

Sonim Reports 34% Increase in FY2023 Revenue, to $93.6 Million, Significant Expansion Momentum in New Addressable Markets

Expanding Portfolio and Carrier Awards Boost Company's Addressable Market from $400M to $52B [*] 13 New Carrier Awards Set to Fuel 2024 Product Sales New 2024 Product Launches Support Entry into Large...

6 weeks ago - Newsfile Corp

Sonim Technologies Builds on Success with New Tier-One Carrier Wins for Flagship 5G Rugged Phone

San Diego, California--(Newsfile Corp. - March 21, 2024) - Sonim Technologies (NASDAQ: SONM) today announced that its new next-generation flagship 5G rugged phone has been selected by four leading car...

7 weeks ago - Newsfile Corp

Sonim Technologies to Participate in the 36th Annual Roth Conference

San Diego, California--(Newsfile Corp. - March 13, 2024) - Sonim Technologies (NASDAQ: SONM), today announced that it will be participating in the 36th Annual Roth Conference, which will take place Ma...

2 months ago - Newsfile Corp

Sonim Set to Seize Market Opportunity Amidst Bullitt Exit

Sonim presents immediate solution to fill Bullitt void at MWC Barcelona with superior solutions, by appointment only San Diego, California and Barcelona, Spain--(Newsfile Corp. - February 21, 2024) - ...

3 months ago - Newsfile Corp

Sonim Technologies to Present at The Microcap Conference

San Diego, California--(Newsfile Corp. - January 30, 2024) - Sonim Technologies (NASDAQ: SONM), today announced that it will be participating in The Microcap Conference, which will take place January ...

3 months ago - Newsfile Corp

Sonim Technologies to Present at the Sidoti Virtual Investor Conference December 7

Group Presentation to be Available on Sonim Website San Diego, California--(Newsfile Corp. - December 1, 2023) - Sonim Technologies (NASDAQ: SONM) today announced it will present to investors at the S...

5 months ago - Newsfile Corp

Sonim Appoints Mike Mulica as Board Chair

San Diego, California--(Newsfile Corp. - November 15, 2023) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of ultra-rugged, rugged and consumer durable mobile devices including phones, ...

6 months ago - Newsfile Corp

Sonim Reports 34% Revenue Increase to $27.6 Million, Continued GAAP Profitability in Third Quarter 2023

Increased Gross Margin, Continued GAAP Net Income Demonstrate Durability of Sonim Financial Model Growing List of New Tier-One Carrier Design Awards for Sonim Connect and Mobile Phone Devices San Dieg...

6 months ago - Newsfile Corp

Sonim Announces Availability of PTT-Centric Phone XP5plus at Southern Linc

Sonim ultra-rugged phones with Push-to-Talk (PTT) are trusted by Southern Linc government and business customers requiring equipment that performs in demanding environments from a US-based supplier. S...

Other symbols: SO
6 months ago - Newsfile Corp

Sonim Technologies to Present at the Emerging Growth Virtual Investor Conference November 2

Investors interested in learning more encouraged to register for free at the Emerging Growth Conference website San Diego, California--(Newsfile Corp. - October 25, 2023) - Sonim Technologies (NASDAQ:...

7 months ago - Newsfile Corp

Sonim Embarks on New Horizon with the European Launch of Its First 'Connect' Wireless Internet Product

Sonim partners with Capestone to bring wireless internet solution to budget savvy businesses, business users, and consumers The Sonim USB 4G LTE + WiFi Modem W100: A secure, budget-friendly modem with...

7 months ago - Newsfile Corp

Sonim Continues Growth Trajectory into 2024: New Customer Agreements Ignite the Launch of Additional Products from New Wireless Internet Portfolio

Three more leading North American carriers opt for Sonim Mobile Hotspots; Total commitments for Sonim Connect wireless internet portfolio reach six for 2024 launch, signifying robust demand for value-...

8 months ago - Newsfile Corp

Sonim Technologies Inc. to Present at the LD Micro Main Event XVI

Presentation on Wednesday, October 4th at 01:30 PM PT San Diego, California--(Newsfile Corp. - September 25, 2023) - Sonim Technologies Inc. (NASDAQ: SONM) announced today that it will be presenting a...

8 months ago - Newsfile Corp

Sonim Hits Another Milestone: Tier-One Carrier in Australia Selects Premium Mobile Hotspot for 2024 Lineup

Sonim's global momentum builds across mobile broadband San Diego, California--(Newsfile Corp. - September 18, 2023) - Sonim Technologies Inc. (NASDAQ: SONM), today announced another significant milest...

8 months ago - Newsfile Corp

Sonim Gears for Dynamic Growth in 2024: New Customer Agreement Propels Launch of Premium-tier Mobile Hotspot

Tier-one carrier in North America selects Sonim's premium tier mobile hotspot, targeting consumers and business customers for its 2024 lineup San Diego, California--(Newsfile Corp. - September 13, 202...

8 months ago - Newsfile Corp

Sonim XP10 5G Smartphone: the Benchmark of Rugged Now Available for T-Mobile for Business Customers

San Diego, California--(Newsfile Corp. - August 29, 2023) - Sonim Technologies Inc. (NASDAQ: SONM) today announced availability of the Sonim XP10 5G ultra-rugged smartphone for T-Mobile Business custo...

9 months ago - Newsfile Corp

Sonim Reports 125% Revenue Increase to $26.8 Million, Continued Profitability in Second Quarter 2023

Advancing Carrier Activities and Development for Adjacent Markets to Continue Revenue Growth New Series of 5G Phones to Launch with Two Carriers in 2024 Will Expand into Consumer-Durable Market San Di...

9 months ago - Newsfile Corp

Sonim Announces Strategic Expansion of Mobile Phone Portfolio for Broader Market Segment; Available from 2024

New line of consumer-centric phones, awarded by two tier-one carriers in North America, addresses market demand for durable, affordable devices San Diego, California--(Newsfile Corp. - August 10, 2023...

9 months ago - Newsfile Corp

Sonim Enters Next Chapter of Accelerated Growth and Expansion with New Category of Data Devices

Company strengthens expansion strategy with addition of new hires for connected solutions category, marketing, and EU and APAC market development San Diego, California--(Newsfile Corp. - August 7, 202...

10 months ago - Newsfile Corp

Simon Rayne Appointed as Sonim Technologies' Senior Vice President and General Manager for UK, EMEA, and APAC

Strategic hire to propel market Expansion: Rayne's comprehensive experience to drive Sonim's growth in key global markets San Diego, California--(Newsfile Corp. - August 7, 2023) - Sonim Technologies ...

10 months ago - Newsfile Corp

Sonim Technologies to Present at the Sidoti Virtual Investor Conference August 16

San Diego, California--(Newsfile Corp. - August 1, 2023) - Sonim Technologies (NASDAQ: SONM) today announced it will present at the Sidoti Micro-Cap Virtual Conference to be held August 16-17, 2023. A...

10 months ago - Newsfile Corp

Sonim Technologies Launches XP10 Smartphone with Verizon

Streamlined, High Utility, Ultra-Rugged Smartphone Pushes Toughness to New Levels San Diego, California--(Newsfile Corp. - July 20, 2023) - Sonim Technologies Inc.  (NASDAQ: SONM) today announced the ...

10 months ago - Newsfile Corp

Sonim Technologies Announces Participation in the LD Micro Invitational XIII

San Diego, California--(Newsfile Corp. - May 31, 2023) - Sonim Technologies (NASDAQ: SONM) today announced it will participate in the 13th Annual LD Micro Invitational at the Luxe Sunset Boulevard Hot...

1 year ago - Newsfile Corp