SONM - Sonim surges on purchase orders from top U.S. carrier customer

Sonim Technologies (NASDAQ:SONM) rallies 27.2% higher premarket after it announced purchase orders worth $9.5M from a top U.S. carrier customer. The purchase orders cover initial stocking inventory for two of the company's next-generation ultra-rugged phones to be introduced in 2022 – the XP5 Plus feature phone with enhanced PTT capabilities and Sonim's next-generation XP10 5G rugged smartphone. The XP5 Plus is expected to be available this summer, and Sonim's new XP10 rugged 5G smartphone device are expected to begin shipments in the fall.

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Sonim surges on purchase orders from top U.S. carrier customer