|Bid||1.9400 x 0|
|Ask||1.9600 x 0|
|Day's Range||1.9500 - 1.9800|
|52 Week Range||1.9400 - 4.5000|
|Beta (3Y Monthly)||0.23|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.25|
TSX:BYL) is pleased to announce that its wholly owned subsidiary, Galtronics USA , Inc. ("Galtronics"), has released to production a six-foot, 12 port base station (macro) antenna to major North American carriers. The 12 port base station antenna will support all of North American mid-band frequencies on eight of its ports and will support true 4x4 MIMO on existing Cellular 850 band, LTE 700 band and the new 600 MHz band. This base station antenna provides the highest possible gain in a small and lightweight formfactor.
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TORONTO , Oct. 1, 2019 /CNW/ - Mr. Jeffrey C. Royer , Chairman of Baylin Technologies Inc. (Baylin), announced that an associate of Mr. Royer has acquired 200,000 common shares (common shares) of Baylin, representing approximately 0.5% of the 40,330,650 issued and outstanding common shares of Baylin. The shares were purchased on the Toronto Stock Exchange on September 26, 2019 for a total consideration of $450 , 620 (an average price per share of $2.2531 ).
Baylin Technologies Releases 18 Port Quasi-Omni Small Cell/C-RAN Canister Antenna for a Tier One North American Carrier
TSX:BYL) is pleased to announce that its wholly owned subsidiary, Galtronics USA Inc. ("Galtronics"), has partnered with one of Europe's largest pole and lighting companies and has released two smart pole antenna solutions to provide 3G and 4G coverage in high density locations. Randy Dewey , President and CEO of Baylin is pleased with this new partnership. "We are delighted that Galtronics' antennas were selected for this integrated smart pole solution. Baylin (BYL.TO) is a diversified leading global wireless technology management company.
TORONTO , Sept. 26, 2019 /CNW/ - Baylin Technologies Inc. (BYL.TO) (the "Company" or "Baylin") announced today that it has received approval from the Toronto Stock Exchange ("TSX") for a normal course issuer bid ("NCIB"). Under the NCIB, the Company may purchase for cancellation up to 2,016,532 of its common shares, representing 5% of its 40,330,650 outstanding common shares.
At the Company's annual general meeting of shareholders held on May 15, 2019 , Mr. David Gelerman , who was standing for election as a director, received 8,077,196 "for" votes (29.13%) and 19,650,127 "withhold" votes (70.87%). Notwithstanding the results of the vote and the provisions of the Company's Majority Voting Policy and the rules of the TSX, Mr. Gelerman has not tendered his resignation.
Challenging industry dynamics have continued to soften demand from several of Baylin's primary customers. Management believes this situation is transitory and is focused on several initiatives to improve its performance. Further to the press release issued earlier today regarding the Company's decision to invest in Massive MIMO production in its new facility in Vietnam , Baylin will incur a portion of the C$9.0 million in expenses associated with the facility build in Q3 2019.
TORONTO , Sept. 18, 2019 /CNW/ - Baylin Technologies (BYL.TO) is pleased to announce that its wholly owned subsidiary, Galtronics Vietnam Co. Ltd. ("Galtronics"), has been selected as one of a few vendors to supply a tier one network equipment provider with 3.5GHz 5G MMU (Massive MIMO Unit) antenna modules, on a worldwide basis. Galtronics has commenced construction of production lines in its new facility in Vietnam , with scheduled completion in Q1, 2020. Volume production of these antenna modules is expected to begin in Q2, 2020.
TORONTO , Sept. 6, 2019 /CNW/ - Baylin Technologies (BYL.TO) is pleased to announce that its wholly owned subsidiary, Alga Microwave Inc. ("Alga"), has received a purchase order from a European defense company totalling $400 ,000 CAD for its Ku-Band SSPA GaN transmitters. "This purchase order is further to a prior sale made to a European defense contractor who is expanding their satellite-based network with new remote satellite terminals " explained Randy Dewey , President and CEO of Baylin Technologies. Alga's C-Band and Ku-Band transmitters are ideal solutions for both mobile and fixed communication terminals.
TORONTO , Aug. 12, 2019 /CNW/ - Baylin Technologies (BYL.TO) is pleased to announce that its wholly owned subsidiary, Alga Microwave Inc. ("Alga"), has received a purchase order from a Tier 1 defense company totalling 600,000 CAD for its newest C-Band and Ku-Band modular type transmitters. Randy Dewey , President and CEO explains that: "These orders are part of a multi year platform which Alga won in 2018. The order is representative of Alga's expertise fulfilling new technology requirements for its customers.
Baylin Technologies to Host Second Quarter 2019 Investor Conference Call Thursday August 8th, 2019 at 8 a.m. ET
Baylin Technologies Announces $400,000 in Orders of Newly Designed Stadium Antennas for a Major Canadian Carrier as They Prepare For 5G Installations
Randy Dewey became the CEO of Baylin Technologies Inc. (TSE:BYL) in 2015. This report will, first, examine the CEO...
TORONTO , June 24, 2019 /CNW/ - Baylin Technologies Inc. ("Baylin") (BYL.TO) announced today that its wholly owned subsidiary, Galtronics USA Inc. ("Galtronics"), has received a $365,000 purchase order for its newly designed Under the Seat MID band MIMO antennas for indoor and outdoor stadium venues. Randy Dewey , President and CEO of Baylin Technologies, is pleased that Galtronics has successfully developed these innovative antennas and is now actively selling them to the market. Galtronics' new Under the Seat (UTS) antennas solve that problem by providing wireless capacity from beneath the stadium seating area.
TORONTO , June 21, 2019 /CNW/ - Baylin Technologies Inc. (TSX: BYL) (the "Company" or "Baylin"), today announced that its wholly-owned subsidiary, Alga Microwave Inc. ("Alga"), has received a purchase order in the amount of $600,000 from a leading European defense contractor for its X-Band line of transceivers which are designed for strategic wide band defense applications.. The latest generation of X-Band transceivers from Alga features exceptional linearity and operating efficiency and is built to deliver outstanding performance in the most challenging environments.
Gross profit grew to $14.3 million in the first quarter of 2019, compared to $10.6 million in the first quarter of 2018. TORONTO , May 13, 2019 /CNW/ - Baylin Technologies Inc. (BYL.TO) (the "Company" or "Baylin"), a leading, diversified, global wireless technology management company focused on research, design, development, manufacturing and sales of passive and active radio frequency products and services, today announced its financial results for the three months ended March 31, 2019. Gross profit was $14.3 million in the first quarter of 2019, an increase of $3.8 million over the first quarter of 2018.
TORONTO , May 8, 2019 /CNW/ - Baylin Technologies Inc. ("Baylin") (BYL.TO) announced today that its wholly owned subsidiary, Galtronics USA Inc. ("Galtronics"), has appointed All American Associates ("AAA") as its exclusive sales representative company for Mid-Atlantic and Ohio River Valley regions. All American Associates has been selling wireless communications products in the Mid-Atlantic and Northeast USA for more than 35 years. Randy Dewey , President and CEO of Baylin Technologies, is pleased to partner with AAA.
Baylin Technologies to Host First Quarter 2019 Investor Conference Call Tuesday May 14, 2019 at 8 a.m. ET