Rakon reports 30% revenue growth as half-year loss narrows
New AI and data centre-related revenue was up 50%, helping the company's sluggish telco sector revenues 'rebound'.
Rakon chair Brent Robinson and CEO Sinan Altug are back together again.
Rakon has reported 30% year-on-year revenue growth in its first half, leading to a net loss after tax of $3 million – which was a 71% improvement on the prior corresponding half.
The NZX-listed oscillator maker declared $54.2m in overall revenue, gross margin up 11 percentage points to 48.8%, and
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