Rakon managing director Brent Robinson

Rakon shares drop as major network operators delay spending, prompting profit warning

Fri 29 Jan 6

Rakon shares fell 6.7% after the high-tech components maker warned annual earnings will miss forecast because major network operators have delayed their spending on new equipment.

Rakon chief executive Brent Robinson

Rakon buys stake in Australian start-up Thinxtra for $A800,000

Fri 18 Dec 2

The company said Thinxtra plans to launch operations in Australia and New Zealand in the second quarter of next year.

Rakon chief executive Brent Robinson

Rakon turns to profit but annual earnings likely to be flat

Thu 19 Nov 2

The company posted a profit of $1.08 million, or 0.6c a share, in the six months ended September 30.

Rakon chief executive Brent Robinson

Market gives slight nod to Rakon's profit relief

Fri 22 May

Rakon’s new-found profitability is a step in the right direction but the company will have to make sure its product can stay relevant.

Rakon chief executive Brent Robinson

Rakon returns to profitability, while doubling debt, after restructure

Thu 21 May 6

Net profit rose to $3.2 million in the year ended March 31.

Rakon chief executive Brent Robinson

Will Rakon follow through on profit pledges?

Wed 20 May 4

Rakon shareholders are eagerly awaiting tomorrow’s annual results announcement after being promised a return to profit. 


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