CORAL SPRINGS, Fla. (PRWEB) January 17, 2018
CNA Finance announced today that it has initiated research coverage of FTE Networks. FTE Networks is a network infrastructure company that is currently experiencing explosive gains in revenue as well as a growing backlog of projects.
FTE Networks is an emerging leader in the market of innovative network connectivity infrastructure solutions. Through these solutions, their customers experience latency reduced, end-to-end solutions, giving building owners the ability to provide their clients with a connection to digital content that is fast and reliable.
By providing specialized solutions in industries including commercial construction, data center buildout, network infrastructure and fiber installation, smart buildings, and in-building wireless technology, FTE Networks has access to an industry with a massive $576 billion in potential revenues by the year 2021.
In a statement, Kenny Soulstring, senior strategic analyst at CNA Finance had the following to offer:
“If the explosive increase in revenue and growing backlog of projects serves as an indication about the potential and demand for FTNW services, then consider them to be the emerging leader in a small and competitively constrained networking industry.”
Soulstring went onto explain that “With FTNW trading at only $16.75 a share, and with a price to sales ratio far lower than industry peers, investors would be wise to consider the investment opportunity presented by FTNW. And, after accounting for the expected revenue generated from recent and accretive acquisitions, the record-breaking revenue growth and lucrative backlog of products, the case for investor attention and action is made that much greater.”
For more information on FTE Networks, read Mr. Soulstring’s full analysis by clicking here!