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Siyata Mobile Inc - SYTA STOCK NEWS

Welcome to our dedicated news page for Siyata Mobile (Ticker: SYTA), a resource for investors and traders seeking the latest updates and insights on Siyata Mobile.

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 Siyata Mobile'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 Siyata Mobile's position in the market.

News
Siyata Mobile Announces Fourth Quarter and Full-Year 2023 Financial Results
Rhea-AI Summary
Siyata Mobile Inc. reported a 27% increase in revenue for the full year 2023, reaching $8.2 million. The company's CEO, Marc Seelenfreund, highlighted the growth and expansion achieved in 2023, with a 92% increase in gross margin over 2022. Siyata's SD7 PTT handsets gained traction in new verticals and geographies, securing partnerships with major U.S. cellular carriers. The company aims to capitalize on the shift from legacy LMR devices to PTT solutions and anticipates strong sales momentum in 2024. Despite a net loss of $12.9 million for the year, Siyata is focused on aggressive sales growth and profitability in the upcoming quarters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.34%
Tags
earnings
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News
Siyata Mobile to Host Fourth Quarter and Year End 2023 Financial Results Call at 8:30 a.m. ET on April 9, 2024
Rhea-AI Summary
Siyata Mobile Inc. (SYTA) will report its Q4 2023 financial results on April 8, 2024. The company, known for Push-to-Talk over Cellular products, will host a conference call on April 9 to discuss the results. Details for the call and replay are provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.88%
Tags
conferences earnings
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News
Siyata Adds New Channel Partner with 3AM Innovations, a Software Provider for First Responders
Rhea-AI Summary
Siyata Mobile Inc. partners with 3AM Innovations to integrate their FLORIAN incident command software with Siyata's SD7 handset, enhancing safety for firefighters. The collaboration aims to offer a rugged hardware solution paired with a best-in-class app for the first responder community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.82%
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none
News
Siyata Further Expands Global Distribution in Agreement with Leading Mobility, Logistics and Infrastructure Conglomerate in the Middle East
Rhea-AI Summary
Siyata Mobile Inc. announces a distribution agreement to offer its Rugged PTT Handsets, In-Vehicle Devices, and Real Time View products through a leading mobility, transportation, and logistics group in the Middle East. CEO Marc Seelenfreund highlights the strategic importance of expanding global distribution to drive growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.14%
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none
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News
Siyata Mobile Inc. to Showcase Portfolio at IWCE 2024
Rhea-AI Summary
Siyata Mobile Inc. (NASDAQ:SYTA) will exhibit at the International Wireless Communications Expo 2024 in partnership with Verizon, showcasing its SD7 Mission Critical PTT Handset and VK7 Vehicle Kit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
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none
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News
Siyata Mobile SD7 Push-to-Talk Over Cellular Device Featured
Rhea-AI Summary
UScellular partners with industry innovators to offer a push-to-talk solution for various sectors. The integrated bundle includes ESChat software, Siyata's PoC radio, and UScellular's data plan, enhancing customer experience starting at $28 per month.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
Siyata Mobile Receives 1000 Unit Order for UV350 Devices
Rhea-AI Summary
Siyata Mobile Inc. receives a purchase order for 1,000 units of its UV350 in-vehicle fleet communication devices from an international EMS provider. The company expects to deliver the units in the current quarter. CEO Marc Seelenfreund emphasizes the importance of serving the First Responder vertical and highlights the strategic growth plans for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
Tags
none
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News
Siyata Expands Alliance with Leading T-Mobile Dealer, Hyperion Partners, to Include Distribution of SD7 Handsets
Rhea-AI Summary
Siyata Mobile Inc. announces an expanded alliance with Hyperion Partners to distribute the Company's mission-critical PoC (MCPTT) SD7 handsets and accessories. The move aims to accelerate global order intake and drive growth by leveraging Hyperion's reach as a leading T-Mobile Dealer. Siyata CEO, Marc Seelenfreund, highlights the robust demand for push-to-talk over cellular solutions, while Hyperion Partners CEO, Kerry McGonigal, emphasizes the importance of reliable hardware in their offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.84%
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none
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News
Allcan Distributors Launches ChatterPTT Canada, Partners with Siyata Mobile
Rhea-AI Summary
Helix Advanced Communications & Infrastructure, Inc., operating as Allcan Distributors, partners with Siyata Mobile to launch ChatterPTT Canada, a nationwide broadband Push to Talk service. Allcan will provide the hardware, including Siyata's SD7 handset, offering secure, instant PTT communications services on any IOT broadband network. The service will feature Priority Group Calling, messaging, and location tracking and can support over 1,000 users per Talkgroup.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
partnership
News
Siyata and ESChat to Support 2024 Special Olympics with Push-to-Talk (PTT) Handsets and Service
Rhea-AI Summary
Siyata Mobile Inc. partners with ESChat to provide its SD7 handsets for use at the 2024 Special Olympics State Winter Games. The partnership aims to equip event personnel and volunteers with a turnkey communication solution that ensures secure Push-to-Talk (PTT) communications over a high bandwidth 4G LTE network. The SD7 is a rugged Android-based handset with excellent sound quality, resistance to water and dust, drop protection, and robust battery, making it well-suited for use in harsh winter conditions. The partnership is aimed at keeping athletes, coaches, volunteers, and spectators safe by providing reliable and secure communications. ESChat, a provider of broadband PTT services, has seen strong adoption for its service on the Siyata SD7 and is proud to be recognized as an official sponsor of the Special Olympics of New York (SONY).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.61%
Tags
none
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Siyata Mobile Inc

Nasdaq:SYTA

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SYTA Stock Data

1.89M
567.94k
0.47%
2.59%
12.28%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
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Canada
Toronto

About SYTA

siyata mobile (publicly traded (sim:tsxv)) product line first made its debut in 2010 as the world's first 3g fixed truck phone and has since seen significant demand in multiple markets globally making it a global leader in cellular connected devices for trucks, commercial vehicles and fleets. following the success of our truckfone series, we introduced in 2013 the voyager connected vehicle smartphone which is the world's first 3g connected vehicle smartphone launched globally. voyager supports the next generation push-to-talk (ptt), fleet management applications and additional innovative features. we also developed the portable bagfone which provides extended cellular connectivity in remote areas.