FOCUS Carrier-Focused Telecom Technology Quarterly: Winter 2022 Report

2024-01-22T11:03:29+00:00Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Carrier-Focused Telecom Technology Index (CFTTI) gained 4.8% in the past three months. This com-fortably exceeded both the 3.2% gain in the S&P 500 and the 3.0% decline in the NASDAQ. Even with this period’s gain, the CFTTI is still down 11.9% year-over-year. This performance was slightly worse than the 10.7% decline in the S&P 500 over this same time period, but much better than the 26.2% loss in the NASDAQ. Sector multiples are lower than they were a year ago, but not by a wide margin. The CFTTI revenue multiple dipped from 2.5x to 2.3x, while the EBITDA multiple fell from 12.0x to 11.4x.

Hess Broadband Case Study

2024-02-21T20:37:32+00:00Case Studies, Downloads|

Hess Broadband, Inc. (“Hess”), a provider of  fiber optic splicing and specialty construction services in the greater Philadelphia area, has been acquired by TriStruX, LLC (“TriStruX”), a portfolio company of Huron Capital. FOCUS advised Hess in this transaction. This case study highlights the unique process of this transaction.

FOCUS Telecom U.S. Communications Service Provider Quarterly: Fall 2022 Report

2024-01-22T11:03:18+00:00Downloads, Industry Reports, Telecom Technologies & Services|

Things went from bad to worse for the FOCUS Communications Service Provider Index (CSPI) this period as the sector plummeted 25.6%. This decline was significantly steeper than both the 5.3% decline in the S&P 500 and the 4.1% decline in the NASDAQ over the corresponding time period. The situation is also bleak for the full year period with the sector down slightly more than 45% over the past 12 months. Once again, this drastically underperformed the returns in the S&P 500 (down 16.8%) and the NASDAQ (down 26.8%). Sector multiples continued to fall, ending the period at 2.1x revenue and 6.0x EBITDA. This compares unfavorably to year-ago multiples of 2.9x revenue and 8.2x EBITDA.

FOCUS Telecom Business Services Quarterly: Fall 2022 Report

2024-01-22T11:03:15+00:00Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Telecom Business Services Index (TBSI) suffered a negative return for the second straight reporting period with a 4.1% decline. While disappointing, the sector still managed to outperform the 5.3% decline in the S&P 500 and stay even with the 4.1% drop in the NASDAQ. The situation is similar for the full year period. While the sub sector is down 16.1% over the past 12 months, it still outperformed the S&P 500 (down 16.8%) and the NASDAQ (down 26.8%). Sector multiples closed out the period at 0.8x revenue and 9.7x EBITDA. Both of these are lower than year-ago multiples of 1.0x revenue and 10.4x EBITDA.

Precision Ag 2.0: Investments, M&A and New Technologies on the Rise

2024-02-22T21:57:54+00:00Downloads, Industry Reports, International News, Supply Chain|

Established agriculture and technology companies are bringing innovative products and services to the agriculture arena--this emerging industry is called precision agriculture. This expanded edition of this Special Market Report includes the following: Introduction; Advanced Technologies, Sustainability - Driving Investments and New Sebsections, Public Companies, Private Company Key Players, and Partnerships.

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