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u-blox Holding AG - UBLXF STOCK NEWS

Welcome to our dedicated news page for u-blox Holding (Ticker: UBLXF), a resource for investors and traders seeking the latest updates and insights on u-blox Holding.

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 u-blox Holding'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 u-blox Holding's position in the market.

Rhea-AI Summary
u-blox (SIX:UBXN) welcomes Spectrum Entrepreneurial Ownership (SEO) as a long-term anchor shareholder, making SEO the company's largest shareholder. The acquisition of treasury shares held by u-blox led to SEO crossing the 5% reporting threshold. The company plans to propose a representative of SEO for an additional seat in the Board of Directors at the 2024 Annual General Meeting.
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u-blox has decided to pursue a FRAND license lawsuit against InterDigital in the Delaware Court of Chancery and dismiss the case in the Southern District of California. The Delaware Court of Chancery is known for faster case schedules. u-blox aims to create value for customers and expects a faster resolution.
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u-blox announces the sale of its 25 millionth LTE-M cellular module, reflecting customers' trust in the company's technology.
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u-blox becomes the first supplier to offer ETSI EN 303 645 cybersecurity-certified cellular modules
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u-blox announces preliminary revenues for the first nine months of 2023, with a decrease compared to the same period in 2022. CEO remains confident about long-term outlook and growth trajectory.
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u-blox introduces u-safe, a comprehensive functional safety solution for vehicle positioning to accelerate the adoption of autonomous vehicles.
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u-blox announces LEXI-R10, an ultra-small LTE Cat 1bis IoT module for size-demanding designs like asset tracking and aftermarket telematics. LEXI-R10 is three times smaller than LENA-R8 and is designed as a single-mode LTE-only module. LTE Cat 1bis is globally available and more affordable than higher data rate LTE categories. The module also offers Wi-Fi Radio for positioning applications. First samples available by Q1 2024.
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-3.16%
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u-blox announces the u-blox NEO-F10N positioning module based on u-blox F10 dual-band GNSS technology. It improves position accuracy in urban areas and offers seamless migration for users of previous modules. u-blox also introduces the new ANN-MB5 L1/L5 antenna to strengthen its dual-band solution.
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-4.77%
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u-blox announces SARA-S520M10L, a cellular and satellite IoT module with accurate positioning and connectivity
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u-blox, a global leader in wireless and positioning technologies, reported strong financial results for H1 2023. Revenue increased by 12.9% to CHF 332.3 million (+15.0% at constant currencies). Adjusted EBITDA reached CHF 84.0 million with a margin of 25.3%. Adjusted EBIT was CHF 61.7 million with a margin of 18.6%. Net profit amounted to CHF 48.3 million. The company revised its FY 2023 guidance due to unfavorable FX rates and overstocking by customers, expecting revenues to develop between -6% to 0% and profitability margins in the range of 18-22% for adjusted EBITDA and 10-14% for adjusted EBIT.
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u-blox Holding AG

OTC:UBLXF

UBLXF Rankings

UBLXF Stock Data

700.74M
7.01M
3.26%
53.26%
Semiconductor and Related Device Manufacturing
Manufacturing
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Switzerland
Thalwil