SONM icon

Sonim Technologies

2.63 USD
-0.02
0.75%
At close Feb 21, 4:00 PM EST
1 day
-0.75%
5 days
2.73%
1 month
-20.54%
3 months
-20.30%
6 months
2.73%
Year to date
-22.87%
1 year
-61.27%
5 years
-99.15%
10 years
-99.76%
 

About: Sonim Technologies Inc is a provider of ultra-rugged mobile devices, including phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The company sells mobile phones, accessories, and solutions to AT&T, T-Mobile, and Verizon in the United States, and to Bell, Rogers, and Telus Mobility in Canada. The products include rugged mobile phones that can attach to both public and private wireless networks, industrial-grade accessories that meet the requirements of specific applications and software applications, and cloud-based tools that provide management and deployment services to customers. The company generates revenue from discounts, price protection, and customer incentives.

Employees: 67

0
Funds holding %
of 7,139 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

100% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 1

0% more funds holding

Funds holding: 10 [Q3] → 10 (+0) [Q4]

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

0.23% less ownership

Funds ownership: 2.08% [Q3] → 1.85% (-0.23%) [Q4]

2% less capital invested

Capital invested by funds: $291K [Q3] → $284K (-$7.22K) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for SONM.

Financial journalist opinion

Neutral
Newsfile Corp
2 weeks ago
Sonim Spot(TM) H100 Mobile Hotspot Now Available in Europe, Launching with Telia in Finland
Launch marks debut of Sonim mobile hotspots in the region London, United Kingdom and Helsinki, Finland--(Newsfile Corp. - February 6, 2025) - Sonim Technologies (NASDAQ: SONM), a leading U.S.-based manufacturer of rugged and reliable mobile solutions, today announced the availability of the Sonim Spot™ H100 4G LTE mobile hotspot in Europe. The device is available through distributors and resellers with plans to launch later this month through mobile operator Telia in Finland.
Sonim Spot(TM) H100 Mobile Hotspot Now Available in Europe, Launching with Telia in Finland
Neutral
Newsfile Corp
1 month ago
Sonim Technologies Announces Inbound Strategic Interest, Forms Special Committee and Engages Roth Capital Partners to Evaluate Strategic Alternatives
San Diego, California--(Newsfile Corp. - January 22, 2025) - Sonim Technologies (NASDAQ: SONM), a U.S.-based leader in rugged mobile solutions, today announced the formation of a special committee comprised solely of independent directors (the "Special Committee") to explore and evaluate strategic alternatives to enhance stockholder value following the Schedule 13D/A filed by AJP Holding Company, LLC with the Securities and Exchange Commission on January 17, 2025. The Special Committee will be chaired by Mr.
Sonim Technologies Announces Inbound Strategic Interest, Forms Special Committee and Engages Roth Capital Partners to Evaluate Strategic Alternatives
Neutral
Newsfile Corp
1 month ago
Introducing the Sonim XP400: a 5g Smartphone Engineered for Demanding Days with Unmatched Durability, Now Available in EMEA and Australia
Built tough for every challenge, the Sonim XP400 combines advanced rugged specs, 5G connectivity, and essential productivity tools in a sleek, durable design-perfect for prosumers, tradesmen, and adventurers who demand performance that lasts. London, United Kingdom--(Newsfile Corp. - January 22, 2025) - Sonim Technologies (NASDAQ: SONM), a U.S.-based leader in rugged mobile solutions, today announced the availability of the Sonim XP400 5G smartphone across Europe, South Africa, and Australia.
Introducing the Sonim XP400: a 5g Smartphone Engineered for Demanding Days with Unmatched Durability, Now Available in EMEA and Australia
Neutral
Newsfile Corp
1 month ago
Sonim Technologies Announces Preliminary Select Unaudited Fourth Quarter 2024 Results, Showcasing Global Growth and Next-Generation Innovations
Improved revenue and achieved key milestones, paving the way for sustainable growth and product leadership San Diego, California--(Newsfile Corp. - January 15, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of 5G mobility solutions today announces preliminary select unaudited financial results for the fourth quarter of 2024. The company reached significant milestones in product innovation, market reach, and channel development that position Sonim for substantial revenue and earnings growth starting in 2025.
Sonim Technologies Announces Preliminary Select Unaudited Fourth Quarter 2024 Results, Showcasing Global Growth and Next-Generation Innovations
Neutral
PRNewsWire
1 month ago
Orbic North America, LLC Announces Agreement in Principle to Acquire a Substantial Equity Ownership Position in Sonim Technologies, Inc.
HAUPPAUGE, N.Y. , Jan. 15, 2025 /PRNewswire/ -- Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, announced today that at the close of the Consumer Electronics Show in Las Vegas that it has entered into an agreement in principle with AJP Holding Company, LLC ("AJP") to acquire from AJP a substantial position in the shares of Sonim Technologies, Inc. (NASDAQ:SONM) ("Sonim"), a leading U.S. provider of ultra-rugged mobility solutions.
Orbic North America, LLC Announces Agreement in Principle to Acquire a Substantial Equity Ownership Position in Sonim Technologies, Inc.
Positive
Zacks Investment Research
2 months ago
Why Fast-paced Mover Sonim (SONM) Is a Great Choice for Value Investors
Sonim (SONM) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Why Fast-paced Mover Sonim (SONM) Is a Great Choice for Value Investors
Neutral
Newsfile Corp
3 months ago
Sonim Launches the XP Pro 5G with Verizon: the Next Generation of Rugged
With unmatched durability and advanced features, the uniquely sleek XP Pro 5G is engineered for extreme environments and demanding professionals, from mission critical to the boardroom San Diego, California--(Newsfile Corp. - November 21, 2024) - Sonim Technologies Inc. (NASDAQ: SONM) just unveiled the new XP Pro 5G, the company's next generation ultra rugged smartphone supporting Verizon's 5G Ultra Wideband. Available starting today with Verizon, this latest flagship phone benefits from over two decades of innovation in rugged phone design, offering unmatched durability in a sleek, stealthy profile.
Sonim Launches the XP Pro 5G with Verizon: the Next Generation of Rugged
Negative
Zacks Investment Research
3 months ago
Sonim (SONM) Reports Q3 Loss, Tops Revenue Estimates
Sonim (SONM) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of a loss of $0.66. This compares to earnings of $0.10 per share a year ago.
Sonim (SONM) Reports Q3 Loss, Tops Revenue Estimates
Neutral
Newsfile Corp
3 months ago
Sonim Reports Third Quarter 2024 Results, Expands into Large New Addressable Markets with Additional Products
Expands reach in North America and Australia with launch of new mobile hotspots; launched new rugged phone in Europe San Diego, California--(Newsfile Corp. - November 13, 2024) - Sonim Technologies, Inc. (Nasdaq: SONM), a leading provider of mobility solutions that include ultra-rugged and rugged phones, connected devices, software, services and accessories designed to provide extra protection for users that demand more durability in their work and everyday lives, reported financial results for the quarter ended September 30, 2024. Third Quarter 2024 and Recent Highlights Net revenues increased 30.4% sequentially to $15.0 million, from $11.5 million in the second quarter GAAP net loss for the quarter was $2.5 million, compared to $6.6 million, which included a $3.2 million impairment charge, in the second quarter Adjusted EBITDA[*]was negative $1.1 million, improved from negative $2.0 million in the second quarter 2024 Ended the quarter with cash and cash equivalents totaling $9.1 million, trade accounts receivable of $5.2 million, and inventory valued at $12.4 million Expanded new product launch activity with carriers and distributors in North America, Europe, South Africa, and Australia for Sonim's new portfolio of connected solutions and next-generation rugged devices Unveiled new XP400 smartphone and XP100 feature phone devices for the European and South African markets Launched new H700 5G rugged mobile hotspot device in Australia, the industry's first rugged Release 17 5G, Wi-Fi 7 mobile hotspot Launched new H500 5G rugged mobile hotspot with Verizon Wireless in North America, the industry's first rugged 5G millimeter wave mobile hotspot Secured a major device upgrade agreement with a leading Fortune 500 company in the food and beverage industry, strengthening Sonim's reputation as a reliable brand and partner for enterprise field workers Peter Liu, Sonim's Chief Executive Officer, said: "Revenue grew in the third quarter as demand for our existing rugged smartphones increased and major global markets expand their adoption of our new rugged mobile phone and connected solutions devices, a trend we expect to continue in the fourth quarter.
Sonim Reports Third Quarter 2024 Results, Expands into Large New Addressable Markets with Additional Products
Neutral
Newsfile Corp
3 months ago
Sonim H500 5G Mobile Hotspot Now Available at Verizon Wireless
Industry's first rugged 5G millimeter wave mobile hotspot now available for Verizon business, government, and Frontline customers San Diego, California--(Newsfile Corp. - November 5, 2024) - Sonim Technologies (NASDAQ: SONM), a leader in rugged mobile solutions, today announced availability of the Sonim H500 5G Mobile Hotspot at Verizon Wireless (Sonim H500 5G for Business | Verizon). As the industry's first rugged 5G millimeter wave hotspot, this device is engineered to redefine reliable connectivity for Verizon customers.
Sonim H500 5G Mobile Hotspot Now Available at Verizon Wireless
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