MINM earnings

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

Company to host conference call at 8:30 a.m. ET on August 16, 2021 MANCHESTER, NH, Aug. 04, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Minim, Inc. (NASDAQ:MINM) today announces that it will report its financial results for the second quarter ended June 30, 2021 prior to the market open on Monday, August 16, 2021. The company will host a conference call at 8:30 a.m. Eastern Time on August 16, 2021 to discuss the results. Conference Call Details ·   Toll-Free Dial-In Number:                  (866) 393-7958 ·   International Dial-In Number:          (706) 643-5255 ·   Conference ID:                                       3495449 Please dial-in five minutes prior to the star