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Ovzon revenue declines 12% in Q2, offset by new sales
Company saw significantly lower contract renewal, resulting in losses
Mobile broadband telecommunications provider Ovzon reported mixed earnings for the second quarter, announcing revenue of $6.29 million and promising signs for rollout of its new technologies, but saying an unexpected change to a major contract left it with a bad quarter. “Investors can expect Ovzon to meet its commitments, a robust exploration of new business, […]
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