Download the FOCUS Enterprise-Focused Telecom Technology Quarterly: Summer 2017 Report

By Kahla CooperPublished On: August 17, 2017

After a strong performance in our spring report, the FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) reversed course and dropped 2.8% in our summer reporting period. This was despite a favorable market backdrop where the S&P 500 gained 3.6% and the NASDAQ gained 5.0% over the corresponding time frame. Even after this period’s losses, the EFTTI still has a solid year-over-year gain of 9.1%. However, this period’s underperformance means that the EFTTI no longer outperforms the broader indices over the past 12 months. The S&P 500 was up 13.7% in the past year, while the NASDAQ was up more than 20% over the same time period. Sector multiples remain higher than they were a year ago. The EFTTI revenue multiple increased from 2.7x to 3.0x, while the EBITDA multiple increased from 11.3x to 12.4x.

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Kahla Cooper is the Director of Marketing at FOCUS. In this role, Ms. Cooper designs and implements the overall marketing strategy. Ms. Cooper works with each industry team leader to define programs in order to promote and brand FOCUS’ suite of capabilities.