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Audinate Reports Record First Quarter Result

Audinate Group Limited (‘Audinate’ or the ‘Company’), developer of the professional AV-industry leading Dante® audio over IP networking solution, today released its Appendix 4C for the 1st quarter of the financial year ending 30 June 2019 (1Q FY19).

Audinate recorded cash collections of $6.8m for the quarter versus $5.9m in 4Q FY18 and versus $4.5m in the previous corresponding period (1Q FY18). The core chips, cards & modules business continued to perform well, along with ongoing strong initial demand for AVIO adapters.

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