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Thursday, August 29, 2024 6:31:24 PM
Strengthened Balance Sheet with C$12.5 Million in New Capital in the Second Quarter, C$11.7 Million in Debt Eliminated
Advancing Key Data Center Testing Activity
"Spectra7 remains focused on advancing to commercial orders from top global datacenter customers for its new 100Gbps active copper cable products 4 . The Company is actively engaged in testing with data center and other customers, supported by our newly strengthened balance sheet," said Ron Pasek , Interim Chief Executive Officer.
https://money.tmx.com/quote/SEV/news/7321737966103761/Spectra7_Announces_Financial_Results_for_Second_Quarter_2024
no real guidance for 2nd half 2024 so looks like 800gbs market ACC's pushed to 2025? Did anyone read the Sedar filing? link?
Recent SEV News
- Spectra7 Announces Omar Javaid as the New CEO • PR Newswire (Canada) • 11/11/2024 12:30:00 PM
- Spectra7 Microsystems to Present at the LD Micro Main Event XVII on October 29 in Los Angeles • PR Newswire (Canada) • 10/21/2024 09:30:00 PM
- Spectra7 and I-PEX to Demonstrate 800G Active Copper Internal Cables for Next Generation 25.6T Data Center Switches at OCP • PR Newswire (Canada) • 10/16/2024 01:00:00 PM
- Spectra7 Announces Financial Results for Second Quarter 2024 • PR Newswire (Canada) • 08/29/2024 10:30:00 PM
- Spectra7 Announces Results of its 2024 Annual and Special Meeting of Shareholders • PR Newswire (Canada) • 06/28/2024 09:30:00 PM
- Spectra7 Announces Retirement of CEO Raouf Halim; Board Chair Ron Pasek to Assume Role on Interim Basis • PR Newswire (Canada) • 06/17/2024 01:00:00 PM
- Spectra7 Announces Closing of Second Tranche of Private Placement for $1.8 Million • PR Newswire (Canada) • 06/13/2024 09:30:00 PM
- Spectra7 Announces Financial Results for First Quarter 2024 • PR Newswire (Canada) • 05/30/2024 09:00:00 PM
- Spectra7 Announces Closing of First Tranche of Private Placement of $10.7 Million and Completion of Amendments to Existing Debentures to Permit Forced Conversion • PR Newswire (Canada) • 05/10/2024 09:30:00 PM
- Spectra7 Microsystems Inc. Announces Private Placement and Amendments to Existing Debentures to Permit Forced Conversion • PR Newswire (Canada) • 05/06/2024 12:00:00 PM
- Spectra7 Announces Financial Results for Year Ending December 31, 2023 • PR Newswire (Canada) • 04/30/2024 03:11:00 AM
- Spectra7 Announces Preliminary 2024 First Quarter Revenue; Provides Liquidity Update • PR Newswire (Canada) • 04/15/2024 01:00:00 PM
- Spectra7 to Demonstrate 800Gbps Active Copper Interconnects with Arista, Cisco and Other Leading Ethernet Alliance Members at OFC • PR Newswire (Canada) • 03/26/2024 01:00:00 PM
- Spectra7 to Participate in Ethernet Alliance Multivendor 800Gbps Demonstration at OFC • PR Newswire (Canada) • 03/19/2024 01:00:00 PM
- AI Hyperscale Switch Manufacturer Confirms Market-Leading Performance of Spectra7- Enabled 800G Active Copper Cables • PR Newswire (Canada) • 03/05/2024 02:00:00 PM
- Dave Mier to Continue as Interim CFO • PR Newswire (Canada) • 03/01/2024 11:44:00 PM
- Spectra7 and ACES Announce Successful Demonstration of Industry Leading Performance for 800G Active Copper Interconnects • PR Newswire (Canada) • 02/07/2024 02:00:00 PM
- Spectra7 and Volex Announce Successful Demonstration of Industry Leading Performance for 800G Active Copper Interconnects • PR Newswire (Canada) • 02/06/2024 02:00:00 PM
- Spectra7 and MultiLane to Demonstrate Robust Performance Testing of 800G Active Copper Interconnects at DesignCon 2024 • PR Newswire (Canada) • 02/01/2024 02:00:00 PM
- Spectra7 and Teledyne LeCroy to Demonstrate Robust Performance Testing of 800Gbps Active Copper Interconnects at DesignCon 2024 • PR Newswire (Canada) • 01/31/2024 02:00:00 PM
- Spectra7 and Keysight Successfully Achieve Robust Performance Testing of 800Gbps Active Copper Interconnects and Plan Demonstration at DesignCon 2024 • PR Newswire (Canada) • 01/24/2024 02:00:00 PM
- Spectra7 and Leading Equipment Suppliers to Demonstrate Robust Performance of 800Gbps Active Copper Interconnects at DesignCon 2024 • PR Newswire (Canada) • 01/17/2024 02:00:00 PM
- Spectra7 Receives Initial Order for Production GC1122 Chips • PR Newswire (Canada) • 01/16/2024 02:00:00 PM
- Spectra7 Announces Interest Payment in Shares • PR Newswire (Canada) • 12/30/2023 12:47:00 AM
- Spectra7 Updates Expected Sales Outlook for the Year Ending December 31, 2023 • PR Newswire (Canada) • 12/27/2023 10:01:00 PM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM
Oohvie App Update Enhances Women's Health with Telemedicine and Online Scheduling • HLYK • Nov 11, 2024 8:00 AM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • DBGI • Nov 7, 2024 2:16 PM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM