ADDvantage Technologies Group, Inc. (AEY)

NASDAQ: AEY · IEX Real-Time Price · USD
2.46
+0.09 (3.80%)
At close: Dec 29, 2023, 4:00 PM
2.44
-0.02 (-0.81%)
After-hours: Dec 29, 2023, 5:32 PM EST
3.80%
Market Cap 3.68M
Revenue (ttm) 56.70M
Net Income (ttm) -8.80M
Shares Out 1.49M
EPS (ttm) -6.40
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 11,024
Open 2.55
Previous Close 2.37
Day's Range 2.43 - 2.59
52-Week Range 2.10 - 15.40
Beta 0.57
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2023

About AEY

ADDvantage Technologies Group, Inc., through its subsidiaries, operates as a communications infrastructure services and equipment provider in the United States and internationally. It operates through two segments, Wireless Infrastructure Services and Telecommunications. The Wireless Infrastructure Services segment provides turn-key wireless infrastructure services for U.S. wireless carriers, communication tower companies, national integrators, and original equipment manufacturers. Its services primarily include the installation and upgradation... [Read more]

Sector Technology
IPO Date Jun 26, 1991
Employees 145
Stock Exchange NASDAQ
Ticker Symbol AEY
Full Company Profile

Financial Performance

Financial Statements

News

ADDvantage Technologies Regains Compliance with Nasdaq Minimum Bid Price Requirement

CARROLLTON, Texas, Dec. 04, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that on December 1, 2023, it receive...

27 days ago - GlobeNewsWire

ADDvantage Technologies Group, Inc. Completes 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan

CARROLLTON, Texas, Nov. 16, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that on November 16, 2023, ADDvantag...

6 weeks ago - GlobeNewsWire

ADDvantage Technologies Announces 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan

CARROLLTON, Texas, Nov. 09, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will effect a 1-for-10 rever...

7 weeks ago - GlobeNewsWire

ADDvantage Technologies Group to Report 2023 Third Quarter Financial Results on November 14, 2023

CARROLLTON, Texas, Nov. 01, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial resul...

2 months ago - GlobeNewsWire

ADDvantage Technologies' Service Subsidiary Executes Agreements with Leading Optical Communications OEMs

CARROLLTON, Texas, Oct. 13, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that wholly owned subsidiary, Fulton...

2 months ago - GlobeNewsWire

ADDvantage Technologies Telecom Services Company Awarded $4 Million in Broadband Division Contracts

CARROLLTON, Texas, Sept. 14, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that wholly owned subsidiary, Fulto...

3 months ago - GlobeNewsWire

ADDvantage Technologies Reports Financial Results for the Quarter Ended June 30, 2023

CARROLLTON, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported financial results for the three and s...

4 months ago - GlobeNewsWire

ADDvantage Technologies Group to Report 2023 Second Quarter Financial Results on August 14, 2023

CARROLLTON, Texas, July 26, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial resul...

5 months ago - GlobeNewsWire

ADDvantage Technologies Telecom Services Company Broadens Service Offering to Support Federal Broadband Deployment and Investment

CARROLLTON, Texas, June 28, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that wholly owned subsidiary, Fulton...

6 months ago - GlobeNewsWire

ADDvantage Technologies Reports Financial Results for the Quarter Ended March 31, 2023

Wireless Segment Revenue Increase Offset by Telco Segment Revenue Decline as Supply Chain Normalizes Wireless Segment Revenue Increase Offset by Telco Segment Revenue Decline as Supply Chain Normalize...

8 months ago - GlobeNewsWire

ADDvantage Technologies Group to Report Fiscal 2023 First Quarter Financial Results on May 15, 2023

CARROLLTON, Texas, May 02, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial result...

8 months ago - GlobeNewsWire

ADDvantage Technologies Names Brian Davidson Chief Revenue Officer

Experienced sales and marketing executive with a demonstrated history of success in the telecom and utility industries Experienced sales and marketing executive with a demonstrated history of success ...

8 months ago - GlobeNewsWire

ADDvantage Technologies Revenue Full-Year Increases 56% to $97.0 million, Improves Bottom line by $7.0 million

Telco Sales Increase 59%, Wireless Revenues Up 49%, for Year-Ended December 31, 2022 Telco Sales Increase 59%, Wireless Revenues Up 49%, for Year-Ended December 31, 2022

10 months ago - GlobeNewsWire

ADDvantage Technologies Names Jerry D. (JD) Jones President of Wireless Services

Proven Industry Leader Brings More than 25 Years of Experience to Wireless Segment Proven Industry Leader Brings More than 25 Years of Experience to Wireless Segment

11 months ago - GlobeNewsWire

Fortress Solutions Names John Shelnutt CEO

PLANO, Texas--(BUSINESS WIRE)--Fortress Solutions, a global provider of critical infrastructure management and support services for telecommunications carriers, wireless networks, electronic vehicle...

1 year ago - Business Wire

ADDvantage Technologies Revenue Increases 31% to $25.9 Million, Record Net Income of $1.5 Million for the Third Quarter of Fiscal 2022

Record Quarterly EPS of $0.11 vs. $0.05, $5.2 Million in Cash Flow from Operations and $4.9 Million in Cash at September 30 Record Quarterly EPS of $0.11 vs. $0.05, $5.2 Million in Cash Flow from Oper...

1 year ago - GlobeNewsWire

ADDvantage Technologies Group to Report Fiscal 2022 Third Quarter Financial Results on November 14, 2022

CARROLLTON, Texas, Nov. 01, 2022 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial resul...

1 year ago - GlobeNewsWire

ADDvantage Technologies' Triton Datacom Subsidiary Expands Product Line to Meet Growing Demand

Broadens Selection of Telepresence and Video Conferencing Solutions and Switches from Top Brands to Better Enable End-to-End Telecom Solutions for Small, Medium and Large Enterprises Broadens Selectio...

1 year ago - GlobeNewsWire

ADDvantage Technologies Reports 63% Revenue Increase to a Record of $27.8 million, Net Income of $875,000 for the Third Quarter of Fiscal 2022

Company Reaches GAAP Profitability, Generates $5.0 Million in Cash from Operations, as Both Wireless and Telco Segments Generate Profitable Growth Company Reaches GAAP Profitability, Generates $5.0 Mi...

1 year ago - GlobeNewsWire

ADDvantage Technologies Group to Report Fiscal 2022 Third Quarter Financial Results on August 11, 2022

CARROLLTON, Texas, July 27, 2022 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial resul...

1 year ago - GlobeNewsWire

ADDvantage Technologies Reports Record Revenue of $23.8 Million for the Second Quarter of Fiscal 2022

Wireless Segment Revenue up 79%; Telco Revenue up 92% to Record Levels

1 year ago - GlobeNewsWire

ADDvantage Technologies Announces Leadership Changes in Telecommunications Segment

Damon Slachter Promoted to President of Triton Datacom; Mike Burch Promoted to President of Nave Communications Damon Slachter Promoted to President of Triton Datacom; Mike Burch Promoted to President...

1 year ago - GlobeNewsWire

ADDvantage Technologies Further Expands Line of Credit in Anticipation of Accelerating Wireless Growth

Telco Line Converted to Factoring Line, Expanding Total Borrowing Capacity to $19.0 Million Telco Line Converted to Factoring Line, Expanding Total Borrowing Capacity to $19.0 Million

1 year ago - GlobeNewsWire

ADDvantage Technologies Announces Cost-Reduction Initiative, Designed to Align Expenses with Growing 5-G Demand

With Initial 5-G-Related Scaling Complete, Company Eliminates $2.4 Million in Fulton-Related G&A, Expected to Be Evident in Second-Half of Fiscal Year With Initial 5-G-Related Scaling Complete, Compan...

1 year ago - GlobeNewsWire

ADDvantage Technologies Reports 47% Revenue Growth, 36% Increase in Wireless Revenue, for the First Quarter of Fiscal 2022

Initial Acceleration of 5G-Related Revenue in Wireless Segment, Combined with 54% Increase in Telco Revenue, Drives Robust Top-Line Growth; Investments in Anticipation of Additional Wireless Revenue U...

2 years ago - GlobeNewsWire