Reports Q4 revenue $19.55M vs. $18.69M last year. "This was a milestone year for ADDvantage Technologies, as we grew both our segments and delivered full-year positive net income, even with a challenging fourth quarter impacted by weather and economic headwinds," commented Joe Hart, Chief Executive Officer. "Our Telco segment drove the majority of our growth, and this business benefits from customers seeking lower-cost technology such as our high-quality optical transport and refurbished end-user solutions. Our Wireless segment grew steadily throughout the year, delivering 49% year-over-year growth. We continue to gain market share in our target regions."
Published first on TheFly
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