Austin, Texas–(Newsfile Corp. – September 6, 2022) – Sonim Technologies (NASDAQ:SONM) today announced a customer purchase order for $9 million to purchase tablet products designed by Sonim and assembled via an ODM relationship. Sonim expects to ship the initial purchase order starting from the third quarter, then fulfill additional orders in late 2022 and throughout 2023. The new tablet order exemplifies Sonim’s strategic plans to enter the larger and more diverse industrial equipment market with new devices leveraging its engineering expertise and rugged heritage.
Needham Maintains Buy on Avadel Pharmaceuticals, Raises Price Target to $9
Needham analyst Ami Fadia maintains Avadel Pharmaceuticals (NASDAQ:AVDL) with a Buy and raises the price target from $6 to $9.