|Over a week ago|
Motorola networking products launch in India » 07:4109/1309/13/21
Minim announced that the…
Minim announced that the Motorola MH7020 Whole Home WiFi Mesh System is now available in India. With this launch, Indian consumers will also receive a free upgrade to its new mobile app, motosync, powered by Minim. Together, the Motorola MH7020 mesh system and motosync app create exceptional coverage, network security, performance, and control at the competitive price of INR 7,999.00, INR 13,999.00, or INR 19,999.00.
Minim launches MikroTik router firmware management feature » 07:3608/2608/26/21
Minim announced that its…
Minim announced that its WiFi as a Service platform can directly manage MikroTik device firmware in subscriber homes. The new feature enhances subscriber network security by ensuring timely device updates and centralized device visibility for the Internet Service Provider. It also eliminates time, cost, and complexity for ISPs that manually manage these updates; individual updates can take an IT team an average of 10 to 15 minutes per router to perform.
|Over a month ago|
Sidoti to hold a virtual conference » 09:2908/1808/18/21
BLCT, MG, VERO, BKTI, NVCN, SOLR, ALCO, MINM, CVGI, FLOW, OMQS, LCUT, VNRX, CSV, BWMX, ARHH, BSET, CIDM, AUUD, INLB, RELL, AQMS, VERB, LOCL, ABML, NX
Sidoti August Microcap…
Sidoti August Microcap Virtual Conference to be held on August 18-19. Webcast Link
Minim launches intelligent networking products in India » 07:5908/1608/16/21
Minim announced the…
Minim announced the launch of its intelligent networking products in India. Consumers can now find the Motorola MH7020 Triband AC2200 Mesh WiFi system and mobile app, powered by Minim, in Amazon.in and Flipkart.in. The move marks the first major step towards international e-commerce expansion, adding to the company's global sales footprint via Internet Service Providers. More than 140 Internet Service Providers rely on Minim's WiFi as a Service platformto improve the subscriber experience while decreasing support costs. Minim's mobile app gives subscribers advanced performance monitoring, parental controls, comprehensive network security and more. Minim's ISP customers are now distributed in: Americas: Canada, Mexico, Honduras, Paraguay, Guadeloupe; Europe: UK, Italy; Africa: South Africa, Nigeria, Tanzania, Malawi, Kenya; Cambodia; Australia. The new sales channels Amazon.in and Flipkart.in will expand Minim's e-commerce presence, which now includes: Amazon US, Best Buy, B&H, Staples, Target, Walmart, Home Shopping Network, The Home Depot, Lowe's, Sam's Club, Micro Center, Newegg, and BJ's Wholesale Club.
Minim launching WiFi 6 product family in 2H21 » 07:4408/1608/16/21
"Our trailing 12…
"Our trailing 12 month sales as of June 30th outperformed our product category in US retail by 17% according to NPD Group market research," said Nicole Zheng, President and CMO of Minim. "This is evidence that we're bringing stand-out products to market. We look forward to Back to School season sales and launching our powerful WiFi 6 product family and exciting mobile app features in the second half of the year. We continue to light up new and exciting retail sales channels in the U.S. and now India."
Minim reports Q2 EPS (4c) vs. (7c) last year » 07:4308/1608/16/21
Reports Q2 revenue $14.9M…
Reports Q2 revenue $14.9M vs. $10.3M last year. Gray Chynoweth, Chief Executive Officer of Minim, said, "Our second quarter results reflect accelerating momentum fueled by increasing adoption of our products, deeper market penetration, higher average price points for our bundled solutions and effective management of our supply chain. We delivered exceptional year-over-year growth at a rate of 45%, despite the second quarter typically being our seasonally slower quarter and the macro-level supply chain challenges that are impacting businesses globally. Our operational execution reinforces our confidence in continued growth and expansion to deliver meaningful value for our shareholders."
B. Riley starts 'fast-growing' Minim with Buy, $4 target » 09:0708/0608/06/21
B. Riley analyst Josh…
B. Riley analyst Josh Nichols initiated coverage of Minim with a Buy rating and $4 price target. Following a leadership change in 2019 and subsequent merger with Zoom Telephonics in December 2020, Minim has emerged as a "fast-growing" smart home products company, providing end users with a secure Wi-Fi experience, Nichols tells investors in a research note. The analyst believes the shares offer an attractive risk/reward profile with "additional potential call optionality if management is able to cultivate its nascent but expanding recurring software revenue."
Minim initiated with a Buy at B. Riley » 06:4608/0608/06/21
B. Riley analyst Josh…
B. Riley analyst Josh Nichols initiated coverage of Minim with a Buy rating and $4 price target.
Minim expands U.S. footprint with new retailers launching its products » 07:4208/0308/03/21
Minim announced a…
Minim announced a significant expansion of its U.S. retail footprint. Starting today and throughout the summer, Motorola home networking products are launching in Home Shopping Network, The Home Depot, Lowe's, Sam's Club, and BJ's Wholesale Club. These additional top-tier retailers join Amazon, Best Buy, B&H, Micro Center, Newegg, Staples, Target, and Walmart in carrying advanced Motorola home networking products. "The company's expansion into new channels nearly six months after completing a significant merger transaction is impressive, and the company is finding a ready market for its smart and secure networking solutions," saidJennifer Kent, VP Research at industry analyst firm Parks Associates. "Heightened demand on home networks from new work, school, and entertainment patterns illustrate the limitations of legacy equipment, and consumers are now in the market to upgrade their networks."
Minim 10M share Secondary priced at $2.50 » 07:0107/2907/29/21
B. Riley acted as sole…
B. Riley acted as sole book running manager for the offering.