Seeking Alpha
2020-06-10 11:57:08

DPW surges on $3.2M of defense orders

DPW Holdings (DPW) soars 128% in premarket trading after the company's Gresham Worldwide defense unit gets purchase orders totaling ~$3.2M from four global defense contract customers.Gresham's Microphase subsidiary will perform and deliver on these orders over the remainder of calendar 2020 and throughout 2021"We anticipate that strong demand and customer confidence will enable us to achieve significant growth in 2020 and 2021," said Gresham Worldwide CEO Jonathan Read.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer