Report
Antoine Lebourgeois

Ekinops: still no breakout in Q1

Ekinops has reported Q1 2025 revenue of EUR28.5m, up 1% yoy, extending the run of quarterly prints within the EUR28–30m range, with no discernible inflection. Underlying dynamics remain uneven: North America declined 20% yoy, offset by a 21% rebound in EMEA; Access Solutions rose 11%, while Optical
Underlying
Ekinops SA

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.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Antoine Lebourgeois

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