ADDvantage Technologies Subsidiary Secures $4M In Broadband Division Contracts
Portfolio Pulse from Benzinga Newsdesk
ADDvantage Technologies' subsidiary has secured contracts worth $4M in its broadband division. The contracts are expected to boost the company's revenues and strengthen its position in the broadband market.
September 11, 2023 | 1:04 pm
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ADDvantage Technologies, listed as AEY, has secured $4M contracts through its subsidiary. This is likely to increase the company's revenues and strengthen its market position.
The news directly mentions ADDvantage Technologies (AEY) securing $4M contracts through its subsidiary. This is a positive development for the company as it is likely to increase its revenues and strengthen its position in the broadband market. Therefore, the short-term impact on AEY's stock price is expected to be positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100