Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Beam Communications Holdings Limited ( (AU:BCC) ) has shared an update.
Beam Communications Holdings Ltd announced that the final valuation report on its joint venture, Zoleo Inc., will be released soon, with an update to follow. This report could impact Beam’s market position and stakeholder interests, particularly given Zoleo’s role in generating recurring revenue for the company.
More about Beam Communications Holdings Limited
Beam Communications Holdings Limited is an Australian publicly-listed company specializing in the design, development, manufacture, and distribution of satellite, cellular, and dual-mode equipment applications and services. The company has developed several world-first innovations and its products are used by major satellite and telecommunications companies like Iridium, Telstra, KDDI, Inmarsat, and Thuraya. Beam is also known for the multi-award-winning ZOLEO device, which contributes to recurring subscription revenues.
Average Trading Volume: 53,087
Technical Sentiment Signal: Buy
Current Market Cap: A$12.1M
See more data about BCC stock on TipRanks’ Stock Analysis page.