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25 Nov 2024

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Rakon announces interim CFO and new executive position
Rakon Limited (NZX:RAK), a world leading manufacturer of frequency control and timing solutions, is pleased to announce the appointment of Mark Dunwoodie as its interim Chief Financial Officer (CFO), with effect from 26 August 2024. Rakon’s recruitm

$391 million bid for Rakon comes to nothing
Rakon shares fall nearly 7 percent to 70 cents after takeover bid comes to nothing

Rakon gets takeover proposal from 'credible industry player'
Another Kiwi tech company is in the takeover sights of an unnamed bidder, sending its share price through the roof.

RAK - Rakon Chief Financial Officer resignation
Rakon Limited (NZX: RAK) (Rakon) advises that, after close to 12 years with the company, its Chief Financial Officer, Anand Rambhai, has given notice of his resignation to pursue other opportunities

Rakon warns of potential $10 million hit to full year underlying earnings
The company said the slowdown would be temporary, but it posed a risk to its forecast guidance of $26m-$34m in the current financial year ending March 2024.

Rakon declares maiden dividend on back of 'best year ever' for core business
However, inflationary pressures and increased investment have seen the computer chip maker post a lower full year profit.

Global demand spurs increase in Rakon's profit expectations
The computer chip manufacturer is lifting its profit outlook by $2 million in the face of demand for its products.

Rakon 2022 Annual Meeting Chair's Address and Presentation
The Annual Meeting of Rakon Limited will be held today 11 August 2022 at Guineas 1 Room, Ellerslie Event Centre, 80 Ascot Avenue, Remuera, Auckland, New Zealand and online via www.meetnow.global/nz at 11.00 am

Rakon says it's heading towards second-best ever profit
Electronic components maker Rakon said it's on track for its second-best ever operating profit.Rakon specialises in frequency control and timing solutions and expects underlying ebitda to range from $36 million to $44 million."Even...

Rakon posts record full-year profit
Semiconductor chip maker Rakon has tripled its full year profit to a record high on the back of strong demand and sales.

RAK - Latest satellite subsystem contract
Rakon Limited (NZX:RAK), a leader in the global timing and frequency control industry, today announced its latest contract to supply space subsystems for a new commercial Low Earth Orbit (LEO) satellite constellation

Rakon FY2024 Results Announcement Date
Rakon Limited (NZX:RAK) will announce its results for the year ended 31 March 2024 on Wednesday 29 May 2024

Rakon 2023 Annual Meeting Speeches and Presentation
Rakon Limited (NZX: RAK), a high technology manufacturer of frequency control and timing solutions for the telecommunications, space and defence, and positioning sectors, has provided the attached Chair’s speech

RAK - Amended Distribution Notice
Please see attached an amended Distribution Notice with the correct Rakon ISIN Number. The ISIN number in the Distribution Notice released by Rakon earlier today was incorrect

Core business growth drives strong Rakon half-year result
Rakon (NZX.RAK) today announced a strong result for the six months to 30 September 2022, on the back of continued growth in global demand for its industry-leading frequency control and timing solutions

RAKON FY23 Earnings Guidance
Rakon (NZX: RAK), an international leader in frequency control and timing solutions today announces it expects Underlying EBITDA1 for the year to 31 March 2023, to range between $36 million and $44 million. Even at the bottom of this range