Endwave scores $1.7M contract
Endwave Corp. (Nasdaq: ENWV), a provider of wireless modules for telecommunications networks, announced after the closing that it won a $1.7 million contract with a major wireless telecommunications equipment manufacturer. The contract covers the design and initial production deliveries for new radio frequency subsystems.
"We are excited to secure additional frequency variants and increase our ability to support a greater portion of our customer's world-wide radio business," CEO Ed Keible said in a statement. "Our expanded role on this adjustable data-rate microwave radio platform indicates the high confidence our customer has in Endwave's ability to bring advanced technology to market in a timely fashion."
In today’s trading, ENWV shares were down 1.46%, or $0.15, at $10.15. Shares are flat in after-hours trading. Over the last 52 weeks, shares have ranged from $8.25 to $13.75.
About the Author
Reporter Will Atkinson is based in SmallCapInvestor.com's Washington, D.C. bureau.
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