Ekinops: return to growth expected in Q4
Ekinops has reported a 25% decline in Q2 2024 revenue yoy (at cc), but +3% growth qoq. At EUR29.3m, Q2 2024 is now the fourth consecutive quarter with revenues in the range of ~EUR28-30m, demonstrating a stabilisation of activity after a period of significant market slowdown. The Access division (+Ekinops SA is a France-based company engaged in the provision of optical transport solutions for service providers and private networks. The Company develops optical aggregation and transportation sub-systems for metropolitan and long-distance networks. Its products include switching, routing and multi-protocol solutions; optical amplifiers, optical filters, as well as optical protection units, among others. Its system can be configured through a software download to manage the aggregation of multiprotocol services through integration of systems and functionalities, allowing systems to be used through a single protocol. Ekinops operates a network of business offices in Americas, Europe, the Middle East and Africa.
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