Ekinops SA reports developments across optical networking, secured connectivity and software-based telecom infrastructure for service providers, enterprises and public organizations. Company news commonly covers EKINOPS360 optical transport systems, WDM and 400G network upgrades, OneAccess access and branch-routing products, and Compose software tools including SD-WAN Xpress.
Updates also address annual and interim revenue, gross margin, EBITDA and regional sales trends, along with Software & Services revenue and recurring subscription metrics. Ekinops news includes customer deployments with telecom operators and network providers, strategic sales initiatives, and the integration of Olfeo's Secure Service Edge cybersecurity software into its broader SASE offering.
Ekinops reported Q3 2020 revenue of €21.6 million, a 5.4% decline year-over-year, attributed to the ongoing disruptions from the COVID-19 pandemic. Notably, revenue for the first nine months was €67.4 million, down 0.7%. Growth was observed in France (11.2%) and EMEA (up 18.1%), while Asia-Pacific faced a significant drop of 35%. Ekinops maintains a solid cash position of €47.9 million and aims for Q4 revenue between €22-26 million. The company is focusing on new business development to drive future growth.
Ekinops has appointed Vincent Munière as its new Chief Technology Officer and Vice President of Research and Development, bringing over 20 years of software engineering experience. Previously at SFR, he led a team of 900 in network engineering. Munière's expertise in virtualization, 5G, and edge computing will bolster Ekinops' technology vision and accelerate software innovation. CEO Didier Brédy expressed confidence that Munière's leadership will support the company's strategic objectives and growth during this critical transition.