ADDvantage Technologies Group, Inc. (AEY)
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DESCRIPTION
ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services electronics and hardware for the telecommunications industry in the United States and internationally. It operates through two segments, Wireless Infrastructure Services and Telecommunications. The Wireless Infrastructure Services segment provides turn-key wireless infrastructure services for U.S. wireless carriers, communication tower companies, national integrators, and original equipment manufacturers. This segment also offers installation and upgradation of technology on cell sites; and construction of new small cells for 5G. The Telecommunications segment provides central office equipment that include optical transport, switching, and data center equipment for communication networks; customer premise equipment, such as integrated access devices, channel banks, Internet protocol private branch exchange phones, and routers; and decommissioning services for surplus and obsolete telecom equipment. The company was formerly known as ADDvantage Media Group, Inc. and changed its name to ADDvantage Technologies Group, Inc. in December 1999. ADDvantage Technologies Group, Inc. was incorporated in 1989 and is headquartered in Carrollton, Texas.
NEWS

Why Is Addvantage Technologies (AEY) Stock Down 5% Today?
investorplace.com
2024-02-02 09:15:00Addvantage Technologies (NASDAQ: AEY ) stock is sliding lower on Friday after the communications infrastructure services and equipment company announced its bankruptcy filing. This is a voluntary bankruptcy filing by the company using Chapter 1 of Title 11.

ADDvantage Technologies Regains Compliance with Nasdaq Minimum Bid Price Requirement
globenewswire.com
2023-12-04 16:05:00CARROLLTON, Texas, Dec. 04, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that on December 1, 2023, it received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it had regained compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rule 5550(a)(2) (the “Nasdaq Capital Market Minimum Bid Price Requirement”).

ADDvantage Technologies Group Inc. (AEY) Q3 2023 Earnings Call Transcript
seekingalpha.com
2023-11-17 15:04:14ADDvantage Technologies Group Inc. (NASDAQ:AEY ) Q3 2023 Earnings Conference Call November 14, 2023 5:00 PM ET Company Participants Brett Maas - Hayden IR Joseph Hart - President and Chief Executive Officer Michael Rutledge - Chief Financial Officer Operator Good afternoon and welcome to the ADDvantage Technologies Group Fiscal 2023 Third Quarter Financial Results Conference Call. All participants will be in listen-only mode.

ADDvantage Technologies Group, Inc. Completes 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan
globenewswire.com
2023-11-16 17:28:00CARROLLTON, Texas, Nov. 16, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that on November 16, 2023, ADDvantage Technologies Group, Inc. effected a one-for-10 (1:10) reverse stock split of all issued and outstanding shares of the Company's common stock, par value $0.01 per share (the “Common Stock”) effective as of 12:01 a.m. Eastern Time on November 16, 2023 (the “Reverse Stock Split”), vide a Certificate of Amendment to the Certificate of Incorporation of ADDvantage Technologies Group, Inc. (the “Certificate of Amendment”) filed with the Secretary of State of Oklahoma on November 16, 2023, and deemed effective on November 16, 2023 at 12:01 a.m. Eastern Time. The Reverse Stock Split was intended to bring the Company into compliance with the $1.00 minimum bid price requirement for continued listing on the NASDAQ Capital Market, as required by Nasdaq Listing Rule 5550(a)(2).

ADDvantage Technologies Announces 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan
globenewswire.com
2023-11-09 16:30:00CARROLLTON, Texas, Nov. 09, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will effect a 1-for-10 reverse stock split of its common stock, $0.01 par value per share (the “Common Stock”), where every ten issued and outstanding shares of Common Stock will be converted into one share of Common Stock (the “Reverse Stock Split”).

ADDvantage Technologies Group to Report 2023 Third Quarter Financial Results on November 14, 2023
globenewswire.com
2023-11-01 08:00:00CARROLLTON, Texas, Nov. 01, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial results for the nine month period ended September 30, 2023, on Tuesday, November 14, 2023 after the markets close followed by a discussion of the financial results 5 p.m. Eastern.

ADDvantage Technologies' Service Subsidiary Executes Agreements with Leading Optical Communications OEMs
globenewswire.com
2023-10-13 09:00:00CARROLLTON, Texas, Oct. 13, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that wholly owned subsidiary, Fulton Technologies (“Fulton”) Inc., has executed new multi-year agreements with some of the largest optical communications OEMs in the United States. Under the new agreements, the Broadband division of Fulton Technologies is now authorized to provide fiber design, engineering, and construction services throughout the United States.

ADDvantage Technologies Telecom Services Company Awarded $4 Million in Broadband Division Contracts
globenewswire.com
2023-09-14 15:44:00CARROLLTON, Texas, Sept. 14, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that wholly owned subsidiary, Fulton Technologies (“Fulton”) Inc., has secured numerous new Broadband Division contracts and awards, resulting in $4 million of new backlog for the current fiscal year.

The 3 Most Undervalued Stocks Under $1 to Buy Now: August 2023
investorplace.com
2023-08-21 18:31:38Market volatility in 2022 has caused many compelling stocks to now trade for less than $1 per share. While the under-$1 territory is often associated with riskier penny stocks, hidden gems with solid fundamentals can be uncovered by discerning investors.

ADDvantage Technologies Group Inc. (AEY) Q2 2023 Earnings Call Transcript
seekingalpha.com
2023-08-14 22:27:02ADDvantage Technologies Group Inc. (NASDAQ:AEY ) Q2 2023 Results Conference Call August 14, 2023 5:00 PM ET Company Participants Joe Hart - President, CEO and Director Michael Rutledge - Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to the ADDvantage Technologies Group Fiscal 2023 Second Quarter Financial Results. At this time, all participants are in a listen-only mode.

ADDvantage Technologies Reports Financial Results for the Quarter Ended June 30, 2023
globenewswire.com
2023-08-14 16:06:00CARROLLTON, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported financial results for the three and six months ended June 30, 2023, the second quarter of 2023. Effective September 2022, the Company has changed its fiscal year end from September 30 to December 31, and this report reflects that adjustment.

ADDvantage Technologies Group to Report 2023 Second Quarter Financial Results on August 14, 2023
globenewswire.com
2023-07-26 08:00:00CARROLLTON, Texas, July 26, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial results for the six month period ended June 30, 2023, on Monday, August 14, 2023 after the markets close followed by a discussion of the financial results 5 p.m. Eastern.

ADDvantage Technologies Group, Inc. (AEY) Q1 2023 Earnings Call Transcript
seekingalpha.com
2023-05-15 22:41:09ADDvantage Technologies Group, Inc. (NASDAQ:AEY ) Q1 2023 Earnings Conference Call May 15, 2023 5:00 PM ET Company Participants Brett Maas - Hayden IR Joe Hart - Chief Executive Officer Michael Rutledge - Chief Financial Officer Conference Call Participants Operator Greetings, ladies and gentlemen .And welcome to the ADDvantage Technologies Group's Fiscal 2023 First Quarter Financial Results. At this time, all participants are in a listen-only mode.

ADDvantage Technologies Group, Inc. (AEY) Q4 2022 Earnings Call Transcript
seekingalpha.com
2023-03-21 22:09:07ADDvantage Technologies Group, Inc. (AEY) Q4 2022 Earnings Conference Call March 21, 2023 5:00 PM ET Corporate Participants Brett Maas - Hayden IR Joe Hart - President and Chief Executive Officer Michael Rutledge - Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to the ADDvantage Technologies Group Report Fiscal 2022 Fourth Quarter and Year End Financial Results. At this time, all participants are in a listen-only mode.

ADDvantage Technologies Group, Inc. (AEY) CEO Joe Hart on Q3 2022 Results - Earnings Call Transcript
seekingalpha.com
2022-11-14 22:15:32ADDvantage Technologies Group, Inc. (NASDAQ:AEY ) Q3 2022 Earnings Conference Call November 14, 2022 5:00 PM ET Company Participants Kim Rogers - Hayden-Investor Relations Joe Hart - President & Chief Executive Officer Michael Rutledge - Chief Financial Officer Conference Call Participants Operator Good day, and welcome to the ADDvantage Technologies' Third Quarter Financial Results 2022 Conference Call. Today's conference is being recorded.

ADDvantage Technologies Group to Report Fiscal 2022 Third Quarter Financial Results on November 14, 2022
globenewswire.com
2022-11-01 08:00:00CARROLLTON, Texas, Nov. 01, 2022 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial results for the nine month period ended September 30, 2022, on Monday, November 14, 2022 after the markets close followed by a discussion of the financial results 5 p.m. Eastern.
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Why Is Addvantage Technologies (AEY) Stock Down 5% Today?
investorplace.com
2024-02-02 09:15:00Addvantage Technologies (NASDAQ: AEY ) stock is sliding lower on Friday after the communications infrastructure services and equipment company announced its bankruptcy filing. This is a voluntary bankruptcy filing by the company using Chapter 1 of Title 11.

ADDvantage Technologies Regains Compliance with Nasdaq Minimum Bid Price Requirement
globenewswire.com
2023-12-04 16:05:00CARROLLTON, Texas, Dec. 04, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that on December 1, 2023, it received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it had regained compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rule 5550(a)(2) (the “Nasdaq Capital Market Minimum Bid Price Requirement”).

ADDvantage Technologies Group Inc. (AEY) Q3 2023 Earnings Call Transcript
seekingalpha.com
2023-11-17 15:04:14ADDvantage Technologies Group Inc. (NASDAQ:AEY ) Q3 2023 Earnings Conference Call November 14, 2023 5:00 PM ET Company Participants Brett Maas - Hayden IR Joseph Hart - President and Chief Executive Officer Michael Rutledge - Chief Financial Officer Operator Good afternoon and welcome to the ADDvantage Technologies Group Fiscal 2023 Third Quarter Financial Results Conference Call. All participants will be in listen-only mode.

ADDvantage Technologies Group, Inc. Completes 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan
globenewswire.com
2023-11-16 17:28:00CARROLLTON, Texas, Nov. 16, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that on November 16, 2023, ADDvantage Technologies Group, Inc. effected a one-for-10 (1:10) reverse stock split of all issued and outstanding shares of the Company's common stock, par value $0.01 per share (the “Common Stock”) effective as of 12:01 a.m. Eastern Time on November 16, 2023 (the “Reverse Stock Split”), vide a Certificate of Amendment to the Certificate of Incorporation of ADDvantage Technologies Group, Inc. (the “Certificate of Amendment”) filed with the Secretary of State of Oklahoma on November 16, 2023, and deemed effective on November 16, 2023 at 12:01 a.m. Eastern Time. The Reverse Stock Split was intended to bring the Company into compliance with the $1.00 minimum bid price requirement for continued listing on the NASDAQ Capital Market, as required by Nasdaq Listing Rule 5550(a)(2).

ADDvantage Technologies Announces 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan
globenewswire.com
2023-11-09 16:30:00CARROLLTON, Texas, Nov. 09, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will effect a 1-for-10 reverse stock split of its common stock, $0.01 par value per share (the “Common Stock”), where every ten issued and outstanding shares of Common Stock will be converted into one share of Common Stock (the “Reverse Stock Split”).

ADDvantage Technologies Group to Report 2023 Third Quarter Financial Results on November 14, 2023
globenewswire.com
2023-11-01 08:00:00CARROLLTON, Texas, Nov. 01, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial results for the nine month period ended September 30, 2023, on Tuesday, November 14, 2023 after the markets close followed by a discussion of the financial results 5 p.m. Eastern.

ADDvantage Technologies' Service Subsidiary Executes Agreements with Leading Optical Communications OEMs
globenewswire.com
2023-10-13 09:00:00CARROLLTON, Texas, Oct. 13, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that wholly owned subsidiary, Fulton Technologies (“Fulton”) Inc., has executed new multi-year agreements with some of the largest optical communications OEMs in the United States. Under the new agreements, the Broadband division of Fulton Technologies is now authorized to provide fiber design, engineering, and construction services throughout the United States.

ADDvantage Technologies Telecom Services Company Awarded $4 Million in Broadband Division Contracts
globenewswire.com
2023-09-14 15:44:00CARROLLTON, Texas, Sept. 14, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that wholly owned subsidiary, Fulton Technologies (“Fulton”) Inc., has secured numerous new Broadband Division contracts and awards, resulting in $4 million of new backlog for the current fiscal year.

The 3 Most Undervalued Stocks Under $1 to Buy Now: August 2023
investorplace.com
2023-08-21 18:31:38Market volatility in 2022 has caused many compelling stocks to now trade for less than $1 per share. While the under-$1 territory is often associated with riskier penny stocks, hidden gems with solid fundamentals can be uncovered by discerning investors.

ADDvantage Technologies Group Inc. (AEY) Q2 2023 Earnings Call Transcript
seekingalpha.com
2023-08-14 22:27:02ADDvantage Technologies Group Inc. (NASDAQ:AEY ) Q2 2023 Results Conference Call August 14, 2023 5:00 PM ET Company Participants Joe Hart - President, CEO and Director Michael Rutledge - Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to the ADDvantage Technologies Group Fiscal 2023 Second Quarter Financial Results. At this time, all participants are in a listen-only mode.

ADDvantage Technologies Reports Financial Results for the Quarter Ended June 30, 2023
globenewswire.com
2023-08-14 16:06:00CARROLLTON, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported financial results for the three and six months ended June 30, 2023, the second quarter of 2023. Effective September 2022, the Company has changed its fiscal year end from September 30 to December 31, and this report reflects that adjustment.

ADDvantage Technologies Group to Report 2023 Second Quarter Financial Results on August 14, 2023
globenewswire.com
2023-07-26 08:00:00CARROLLTON, Texas, July 26, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial results for the six month period ended June 30, 2023, on Monday, August 14, 2023 after the markets close followed by a discussion of the financial results 5 p.m. Eastern.

ADDvantage Technologies Group, Inc. (AEY) Q1 2023 Earnings Call Transcript
seekingalpha.com
2023-05-15 22:41:09ADDvantage Technologies Group, Inc. (NASDAQ:AEY ) Q1 2023 Earnings Conference Call May 15, 2023 5:00 PM ET Company Participants Brett Maas - Hayden IR Joe Hart - Chief Executive Officer Michael Rutledge - Chief Financial Officer Conference Call Participants Operator Greetings, ladies and gentlemen .And welcome to the ADDvantage Technologies Group's Fiscal 2023 First Quarter Financial Results. At this time, all participants are in a listen-only mode.

ADDvantage Technologies Group, Inc. (AEY) Q4 2022 Earnings Call Transcript
seekingalpha.com
2023-03-21 22:09:07ADDvantage Technologies Group, Inc. (AEY) Q4 2022 Earnings Conference Call March 21, 2023 5:00 PM ET Corporate Participants Brett Maas - Hayden IR Joe Hart - President and Chief Executive Officer Michael Rutledge - Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to the ADDvantage Technologies Group Report Fiscal 2022 Fourth Quarter and Year End Financial Results. At this time, all participants are in a listen-only mode.

ADDvantage Technologies Group, Inc. (AEY) CEO Joe Hart on Q3 2022 Results - Earnings Call Transcript
seekingalpha.com
2022-11-14 22:15:32ADDvantage Technologies Group, Inc. (NASDAQ:AEY ) Q3 2022 Earnings Conference Call November 14, 2022 5:00 PM ET Company Participants Kim Rogers - Hayden-Investor Relations Joe Hart - President & Chief Executive Officer Michael Rutledge - Chief Financial Officer Conference Call Participants Operator Good day, and welcome to the ADDvantage Technologies' Third Quarter Financial Results 2022 Conference Call. Today's conference is being recorded.

ADDvantage Technologies Group to Report Fiscal 2022 Third Quarter Financial Results on November 14, 2022
globenewswire.com
2022-11-01 08:00:00CARROLLTON, Texas, Nov. 01, 2022 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial results for the nine month period ended September 30, 2022, on Monday, November 14, 2022 after the markets close followed by a discussion of the financial results 5 p.m. Eastern.