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High Wire Networks, Inc. - $HWNI STOCK NEWS

Welcome to our dedicated page for High Wire Networks news (Ticker: $HWNI), a resource for investors and traders seeking the latest updates and insights on High Wire Networks stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect High Wire Networks's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of High Wire Networks's position in the market.

Rhea-AI Summary
High Wire Networks, Inc. ranks among the Top 250 MSSPs for 2023, expecting strong revenue growth. MSSP honorees expect to generate $56.3 million in revenue for 2023, double the number from 2022. High Wire reported revenue climbed 32% in H1 2023 to $16.1 million and expects revenue to grow 59% to 74%, reaching $43 million to $47 million for the full year of 2023.
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-4.02%
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Rhea-AI Summary
High Wire Networks, Inc. to present at NIBA Conference, revenue climbed 32% in H1 2023 to $16.1 million, monthly recurring revenue exceeds $1 million for the first time.
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4.93%
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conferences
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Rhea-AI Summary
High Wire Networks, Inc. reported first half 2023 revenue of $16.1 million, a 32% increase from the same period last year. The company's total contract value for managed cybersecurity services reached $6.0 million, and project delivery backlog totaled $8.6 million. Total liabilities decreased by 59% to $11.1 million, and cash increased to $1.2 million. High Wire expects revenue to grow 59% to 74% for the full year of 2023, reaching $43 million to $47 million.
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-7.33%
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4.47%
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-2.23%
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0.72%
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Rhea-AI Summary
High Wire Networks, Inc. will introduce a new enterprise-class cybersecurity technology during a virtual product launch event on July 17, 2023. The new solution combines multiple networking and network security services into a single element, providing enhanced protection, user experience, and capabilities. It employs an identity-based approach to secure access to enterprise resources and transforms web browsers into secured browsers. The technology utilizes artificial intelligence, crowd sourcing, and distributed computing for powerful protection against cybersecurity threats. High Wire aims to disrupt multiple market segments with this innovative solution.
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14.89%
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management
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2.46%
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partnership
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High Wire Networks, Inc.

OTC:HWNI

HWNI Rankings

HWNI Stock Data

12.57M
140.26M
41.7%
6.67%
Electromedical and Electrotherapeutic Apparatus Manufacturing
Manufacturing
Link
United States of America
Longwood

About HWNI

spectrum global solutions inc, formerly mantra venture group ltd, is in the business of developing and providing energy alternatives. the company also provides marketing and graphic design services to help companies optimize their environmental awareness presence through the government, industry and the general public. the company is engaged in building a portfolio of companies and technologies that mitigate negative environmental and health consequences that arise from the production of energy and the consumption of resources. the company owns a process for the electro-reduction of carbon dioxide (erc) and has the global license for a mixed-reactant fuel cell (mrfc). it is developing these technologies toward commercial applications. the company, through its subsidiaries aw solutions and adex corporation, provides telecommunication infrastructure and staffing services.