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CyanConnode bolsters revenues and cut losses

Cambridge technology company CyanConnode has bolstered revenues and cut losses for the six months to September 30.

A world leader in narrowband radio frequency mesh networks, CyanConnode boosted revenue by 172 per cent to £4.1 million; gross profit was up 104 per cent to £1.7m and the operating loss reduced by 26 per cent to £1.2m. The company has slightly more cash – £1.7m as opposed to £1m the prior year.

CyanConnode Holdings plc (LON:CYAN) is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications. 

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