Teleste Reports Increased Orders and Profitability, Driven by North American Growth
SHERIDAN, WYOMING – Feb. 15, 2025, Teleste Corporation (TELES) released its financial statement for the period of January 1 to December 31, 2024, reporting improved orders, net sales, and adjusted operating profit in the fourth quarter. While full-year 2024 net sales decreased compared to 2023, the adjusted operating result showed significant improvement, reaching the upper end of the company's updated financial guidance. Both the Broadband Networks and Public Safety and Mobility segments contributed to this positive performance.