Baylin Technologies Inc T.BYL

Alternate Symbol(s): BYLTF | T.BYL.DB

Technology

Baylin Technologies Inc. is a Canada-based diversified global technology company. The Company is focused on the research, design, development, manufacture and sale of passive and active radio-frequency products, satellite communications products, and supporting services. The Company's products are marketed and sold under the brand names Galtronics and Advantech Wireless. The Galtronics line of business designs and manufactures wireless antenna solutions for customers embedded, infrastructure, mobile and network enabled products. The Galtronics line of business is comprised of three business lines: Embedded Antenna, Wireless Infrastructure, and Mobile and Network. The Satcom line of business designs and manufactures radio frequency (RF) and microwave products for wireless communications markets and for commercial, critical infrastructure, government and military clients. The Satcom products are manufactured at the Company's facilities in Canada and the United States.

TSX:BYL - Post by User

Baylin Technologies Inc

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Post by zero2millionon May 08, 2017 5:50pm

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Post# 26218332

Q1 2017 - Seeing the fruit!

My main takaway:

"We note the continued improvement in both gross profit and gross margin %, with the current quarter being at their highest levels in the past 13 quarters. The improvement in the current quarter versus the comparable quarter a year ago was due primarily to the change in product mix."

I'm a long term shareholder, so the fact that revenue was lower Q over Q doesnt bother me (it was a timing issue that had to do with a major customers rollout). Previous quarters weren't favourable becasue of Gross margin (gross margin is now at 30%). We are on track for a great year!!!

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