Minim, Inc., together with its subsidiaries, designs, manufactures, markets, sells, and supports Internet access and other communications-related products in North America and internationally. It offers hardware products, including cable modems, cable modem/routers, gateways, mobile broadband modems, wireless routers, multimedia over coax adapters, mesh home networking devices, and other local area network products. The company also provides Minim mobile applications for end users to personalize and monitor their home and office network for speed testing, data usage tracking, security alerts, malware blocking, privacy settings, and parental controls; and Minim web application that enables technical support representatives of Internet Service Providers (ISPs) and businesses to offer remote support with network insights. In addition, it offers Minim API suite and open-source agent for third-party hardware vendors, ISPs, and other partners to integrate with the Minim platform and functionality; to manage their own account data; and to integrate with third-party router firmware. The company offers its products under the ZOOM, Motorola, and Minim brands. It sells its products through direct sales force and commissioned independent sales representatives to retailers; and retailers, distributors, ISPs, telephone service providers, individual businesses, service providers, value-added resellers, PC system integrators, original equipment manufacturers, channel resellers, electronics distributors, and e-commerce platforms. The company was formerly known as ZoomTelephonics, Inc. and changed its name to Minim, Inc. in June 2021. Minim, Inc. was incorporated in 1977 and is headquartered in Manchester, New Hampshire.
IPO Year:
Exchange: NASDAQ
Website: minim.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2021 | $3.00 | Outperform | Northland Capital Markets |
| 8/6/2021 | $4.00 | Buy | B. Riley Securities |
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4 - MINIM, INC. (0001467761) (Issuer)
4 - MINIM, INC. (0001467761) (Issuer)
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Northland Capital Markets initiated coverage of Minim with a rating of Outperform and set a new price target of $3.00
B. Riley Securities initiated coverage of Minim with a rating of Buy and set a new price target of $4.00
MANCHESTER, NH, March 29, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Minim, Inc. (NASDAQ:MINM), the creator of innovative internet access products under the globally-recognized Motorola brand, today reported fourth quarter and full year financial results for the period ended December 31, 2022. Full Year 2022 Financial Highlights: ● Net revenue of $50.6 million, down 8.7% compared to $55.4 million in 2021. ● Gross margin of 23.6% compared to 34.1% in 2021. ● Net loss of ($15.5) million compared to a net loss of ($2.2) million in 2021. ● Improved working capital through a 25.0% reduction in inventories and a 77.2% reduction in accounts payable. Recent Business Highligh
MANCHESTER, NH, March 17, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc., (NASDAQ:MINM), the creator of intelligent networking products under the Motorola brand, today announces that it will host a conference call and live webcast on March 29, 2023 at 8:30 a.m. Eastern Time to discuss the results for the fourth quarter and full year ended December 31, 2022. Conference Call Details Toll-Free Dial-In Number (North America Only): (844) 826-3033International Dial-In Number: +1 (412) 317-5185Conference ID: 9331584 Please dial-in five minutes prior to the start time of the call and provide the operator with conference ID # 9331584. To participate, please access the live webcast at
MANCHESTER, NH, Nov. 10, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Minim, Inc. (NASDAQ:MINM), the creator of innovative internet access products under the globally-recognized Motorola® brand, today reported third quarter financial results for the period ended September 30, 2022. Q3 2022 Financial Updates: ● Net revenue of $13.8 million, up 7.5% sequentially compared to $12.9 million in Q2 2022. ● Gross margin of 22.3% (~25.9% before inventory reserves) compared to 19.7% (30.2% before inventory costing errors) in Q2 2022. ● Net loss of $4.1 million compared to a net loss of $4.4 million ($3.1 million net loss before inventory costing errors) in Q2 2022. ● Strengthened balance sheet w
MANCHESTER, NH, Oct. 28, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Minim, Inc., (NASDAQ:MINM), the creator of intelligent networking products under the Motorola brand, today announces that it will host a conference call and live webcast on November 10, 2022 at 8:30 a.m. eastern time to discuss the results for the third quarter, ended September 30, 2022. Conference Call Details ● Toll-Free Dial-In Number (North America Only): (844) 826-3033 ● International Dial-In Number: +1 (412) 317-5185 ● Conference ID: 10172215 Please dial-in five minutes prior to the start time of the call and provide the operator with conference ID # 10172215. Slides for the call will be made avail
Manchester, NH, Aug. 18, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Minim, Inc. (NASDAQ:MINM), the creator of innovative internet access products under the globally-recognized Motorola® brand, today reported second quarter financial results for the period ended June 30, 2022. Q2 2022 Financial Updates: ● Net revenue of $12.9 million, down 3.0% sequentially compared to $13.3 million in Q1 2022. ● Total deferred revenue as of June 30, 2022 increased by 32% compared to Q1 2022. ● Gross margin of 19.7% (30.2% before inventory costing errors) compared to 31.5% in Q1 2022. ● Net loss of $4.4 million ($3.1M net loss before inventory costing errors) compared to a net loss of $2.5 million in
MANCHESTER, NH, Aug. 08, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Minim, Inc., (NASDAQ:MINM), the creator of intelligent networking products under the Motorola brand, today announces that it will host a conference call and live webcast on August 18, 2022 at 8:30 a.m. eastern time to discuss the results for the second quarter, ended June 30, 2022. Conference Call Details ● Toll-Free Dial-In Number (North America Only): +1(888) 886-7786 ● Conference ID: 19522745 Please dial-in five minutes prior to the start time of the call and provide the operator with conference ID #19522745. Attendees based outside of North America may refer to the list of international dial-in numbers provid
#1 in Market Share Position for Cable Modems and Gateways on Amazon for Q1 2022 MANCHESTER, NH, May 11, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire - Minim, Inc. (NASDAQ:MINM), the creator of intelligent WiFi software and Motorola home networking products under an exclusive global brand license, today reported first quarter financial results for the period ended March 31, 2022. Q1 2022 Financial Highlights: Net revenue of $13.3 million, up 27% quarter-over-quarter compared to $10.5 million in Q4 2021. Total deferred revenue as of March 31, 2022 increased by 13% compared to Q4 2021. Gross margin of 31.5% compared to 33.0% in Q4 2021. Net loss of ($2.5) million compared to a
MANCHESTER, NH, April 28, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ:MINM), the creator of intelligent networking products, today announces that it will host a conference call and live webcast on May 11, 2022 at 8:30 a.m. eastern time to discuss the results for the first quarter ended March 31, 2022. Conference Call Details· Toll-Free Dial-In Number: (866) 393-7958 · International Dial-In Number: (706) 643-5255 · Conference ID: 6197831 Please dial-in five minutes prior to the start time of the call and provide the operator with conference ID #6197831. Slides for the call will be made available five minutes prior to the call on the investor information se
MANCHESTER, NH, March 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ:MINM), the creator of intelligent networking products, today announces that it will host a conference call and live webcast on March 31, 2022 at 8:30 a.m. eastern time to discuss the results of the fourth quarter and the year ended December 31, 2021. Conference Call Details· Toll-Free Dial-In Number: (866) 393-7958 · International Dial-In Number: (706) 643-5255 · Conference ID: 3847933 Please dial-in five minutes prior to the start time of the call and provide the operator with conference ID #3847933. Slides for the call will be made available five minutes prior to the call on the invest
MANCHESTER, NH, Oct. 20, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ:MINM), the creator of intelligent networking products, today announces that it will host a conference call and live webcast on November 2, 2021 at 8:30 a.m. eastern time to discuss the results of the third quarter ended September 30, 2021. Conference Call Details · Toll-Free Dial-In Number: (866) 393-7958 · International Dial-In Number: (706) 643-5255 · Conference ID: 7983699 Please dial-in five minutes prior to the start time of the call and provide the operator with conference ID #7983699 Slides for the call will be made available five minutes prior to the call on the investor info
Howe's extensive experience and expertise in communications industry strengthens company's strategic leadership ATX Networks, a global leader in broadband access and media distribution solutions, announced the appointment of Sandy Howe to the ATX Board of Directors. Howe brings extensive experience and deep knowledge of the global communications industry to the board, where she will provide strategic oversight and guidance to ATX's pursuit of its market objectives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230726264548/en/ATX Networks Appoints Sandy Howe to Board of Directors (Photo: Business Wire) "Sandy's exceptional ba
MANCHESTER, NH, April 07, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ:MINM), the creator of home networking products and software under the globally-recognized Motorola brand, announces Jeremy Hitchcock has been named Executive Chairman. Mr. Hitchcock is the Founder, Chairman and Former CEO of Minim and Dyn (ACQ: Oracle). He assumes his responsibilities effective immediately succeeding Mehul Patel who has stepped down from his role as Chief Executive Officer to pursue other career opportunities. Jeremy Hitchcock, Executive Chairman of Minim, commented, "On behalf of the board, I want to thank Mehul for his service and contributions to Minim and wish him well in his ne
MANCHESTER, NH, Aug. 16, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ:MINM), the creator of intelligent networking products under the Motorola brand, announces changes to the Company's senior leadership. Mehul Patel, CFO, has been named Chief Executive Officer, replacing Gray Chynoweth, who will be transitioning from his role as Chief Executive Officer and director to further pursue his career as a member of the United States Navy Reserve. Mr. Patel will also join the Board of Directors. Mr. Chynoweth's resignation is not the result of any dispute or disagreement with the company, and he is committed to an orderly transition of his duties. Jeremy Hitchcock, Chairman of
MANCHESTER, NH, June 06, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Minim, Inc. (NASDAQ:MINM), the creator of intelligent WiFi software and Motorola home networking products under an exclusive global brand license, today announces the appointment of Paul Walsh as an advisor to the Company's Board of Directors and Management, effective immediately. Paul V. Walsh, Jr. is a senior financial leader and board advisor with strategic and operational expertise in finance and administration at publicly traded and private equity-backed companies in rapidly-evolving technology industries. Mr. Walsh recently retired as Chief Financial Officer (CFO) at Allegro Microsystems Inc., a global provider of
Telecommunications Industry Expert to Aid in SQUAN's Continued Strategic Growth and Development CARLSTADT, N.J., April 6, 2022 /PRNewswire-PRWeb/ -- Network infrastructure solutions and services provider, SQUAN, today announced the appointment of Sandra K. (Sandy) Howe to its board of directors. Howe brings extensive experience in the global telecommunications, media, and technology industries to enhance SQUAN's plans for strategic growth and development advancements. With over 25 years of industry experience, Howe currently serves as a board director and past-chair, special committee of Minim (NASDAQ:MINM), a smart home solutions provider of hardware and AI-driven software products sold und
Patel brings extensive finance leadership experience in the home networking industry to help drive the Company's continued software-driven product transformation MANCHESTER, NH, Feb. 28, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Minim, Inc., (NASDAQ:MINM), the creator of intelligent WiFi software and Motorola home networking products under an exclusive global brand license, today announces the appointment of Mehul Patel to Chief Financial Officer, effective March 21, 2022. Patel comes with extensive financial leadership experience from Verifone, CommScope, and Motorola Mobility. At Minim, Patel will focus on driving operational efficiency while sustainably investing in Minim's continu
Gallium Semiconductor, an innovative supplier of RF Gallium Nitride (GaN) semiconductor solutions for 5G mobile communications, today announced the appointment of industry veteran Daniel Artusi to its Advisory Board. With forty years of experience leading global semiconductor companies, Mr. Artusi will play an instrumental role in furthering Gallium Semi's strategic goals, expanding its customer relationships and capturing its market expansion opportunities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220222005224/en/Daniel Artusi Joins Gallium Semiconductor Advisory Board (Photo: Business Wire) "We are extremely honored to we
MANCHESTER, N.H., July 02, 2024 (GLOBE NEWSWIRE) -- Minim, Inc. (NASDAQ:MINM) announced today that it received a letter (the "Letter") from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that the Staff had determined that the Company did not meet the terms of the minimum stockholders' equity requirement of at least $2,500,000 for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(1) (the "Stockholders' Equity Requirement"). The Company announced today that, on June 28, 2024, it appealed the Staff Determination from the Listing Qualifications Department of The Nasdaq Stock Market LLC (
MANCHESTER, N.H., March 12, 2024 (GLOBE NEWSWIRE) -- Minim, Inc. ("Minim") (NASDAQ:MINM) today announced that it has entered into a definitive merger agreement with privately held e2Companies, LLC ("e2Companies"), to combine the companies in an all-stock transaction. The combined company will focus on continuing to drive proprietary solutions for grid modernization. Upon closing, which is currently anticipated in the second quarter of 2024, the combined company is expected to operate under the name e2Companies, Inc., and trade on the Nasdaq Capital Market. "This agreement comes at a pivotal time for e2Companies as we advance the commercialization of our technology platform," said Ja
WEST MELBOURNE, FL / ACCESSWIRE / December 20, 2023 / BK Technologies Corporation (NYSE:BKTI) (the "Company," "BK Technologies") today announced that the Board of Directors has elected Joshua S. Horowitz as Chairman. Mr. Horowitz was elected to the Board of Directors by the Company's stockholders at the 2023 Annual Meeting of Stockholders on December 14, 2023. Mr. Horowitz succeeds previous Chairman, Kyle D. Cerminara, who has stepped away from the BK Technologies Board to focus on other endeavors.Prior to his election to the Board of Directors, Mr. Horowitz served as an adviser to the BK Technologies Board since November 2021.Mr. Horowitz is a professional investor with over 22 years of inv
MANCHESTER, NH, Nov. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Manchester based Minim Inc. issued the following statement regarding unusual trading in its common stock. Normally, the Company does not comment on market activity or rumors. However, Minim is not aware of any material, undisclosed information related to the Company that would account for the recent increase in the market price and increase in the level of trading volume of its shares. Minim Inc. - [email protected]
MANCHESTER, NH, Nov. 20, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Minim, Inc. (NASDAQ:MINM) announced today that it received a notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq") on November 16, 2023 indicating that the Company is not currently in compliance with Nasdaq's Listing Rules (the "Listing Rules") due to the Company's inability to timely file its Form 10-Q for the period ended September 30, 2023 (the "Form 10-Q") with the Securities and Exchange Commission ("SEC"). The Notice has no immediate effect on the listing or trading of the Company's securities. Pursuant to Listing Rule 5250(c)(1), the Company was required to file the Form 10-Q by November 14, 2023 (the "
MANCHESTER, NH, Aug. 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Minim, Inc. (NASDAQ:MINM), the creator of intelligent networking products under the Motorola brand, announced today that Dustin Tacker has resigned from his role as Chief Financial Officer, effective August 4, 2023 to pursue new career opportunities. His resignation is not the result of any dispute or disagreement with the company. Mr. Tacker is committed to an orderly transition of his duties and will stay with the company until the earlier of August 31, 2023 or when the Company and Mr. Tacker agree. Minim has launched a formal search process to identify Mr. Tacker's permanent replacement. In the interim, inquiries a
Howe's extensive experience and expertise in communications industry strengthens company's strategic leadership ATX Networks, a global leader in broadband access and media distribution solutions, announced the appointment of Sandy Howe to the ATX Board of Directors. Howe brings extensive experience and deep knowledge of the global communications industry to the board, where she will provide strategic oversight and guidance to ATX's pursuit of its market objectives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230726264548/en/ATX Networks Appoints Sandy Howe to Board of Directors (Photo: Business Wire) "Sandy's exceptional ba
MANCHESTER, NH, April 07, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ:MINM), the creator of home networking products and software under the globally-recognized Motorola brand, announces Jeremy Hitchcock has been named Executive Chairman. Mr. Hitchcock is the Founder, Chairman and Former CEO of Minim and Dyn (ACQ: Oracle). He assumes his responsibilities effective immediately succeeding Mehul Patel who has stepped down from his role as Chief Executive Officer to pursue other career opportunities. Jeremy Hitchcock, Executive Chairman of Minim, commented, "On behalf of the board, I want to thank Mehul for his service and contributions to Minim and wish him well in his ne
MANCHESTER, NH, March 31, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Minim, Inc. (NASDAQ:MINM), the creator of home networking products and software under the globally-recognized Motorola brand, today announced that the Company's Board of Directors has approved a reverse stock split of its shares of common stock at a ratio of 1-for-25. The reverse stock split will become effective at 12:01 a.m. Eastern Time on April 17, 2023 and Minim anticipates the Company's common stock will open for trading on The Nasdaq Capital Market on a post-split basis on April 17, 2023 under the Company's existing trading symbol, "MINM." The reverse stock split is being implemented to increase the per share tr
MANCHESTER, NH, March 29, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Minim, Inc. (NASDAQ:MINM), the creator of innovative internet access products under the globally-recognized Motorola brand, today reported fourth quarter and full year financial results for the period ended December 31, 2022. Full Year 2022 Financial Highlights: ● Net revenue of $50.6 million, down 8.7% compared to $55.4 million in 2021. ● Gross margin of 23.6% compared to 34.1% in 2021. ● Net loss of ($15.5) million compared to a net loss of ($2.2) million in 2021. ● Improved working capital through a 25.0% reduction in inventories and a 77.2% reduction in accounts payable. Recent Business Highligh