FRANKLIN WIRELESS CORP.

At the annual general meeting OC Kim, Johnathan Chee, Heidy Chow, Kristina Kim and Ira Greenstein were elected as directors. Shareholders also confirmed Simon & Edward, LLP as the independent auditing firm for the fiscal year ending June 30, 2026. The company additionally announced a one-time special dividend of $0.04 per share and unveiled a new 5G-FWA router. » Altro su de.investing.com

The board of directors of Franklin Wireless has declared a one-time special dividend of $0.04 per share, payable on December 2, 2025, to shareholders of record on November 14, 2025. Management described the measure as a contribution to increasing shareholder value. Franklin Wireless also unveiled a new 5G fixed wireless access router and received a buy recommendation from Lake Street Capital Markets with a $6.00 price target. » Altro su de.investing.com

Franklin Wireless has introduced the 5G fixed wireless access router JEXtream CG890, which offers auto-failover, is CBRS-compatible and supports two 1-Gb Ethernet ports configurable as WAN or LAN. The device is aimed at service providers, municipal organizations, small businesses and digital equity initiatives and is currently available through selected distributors; broader availability will follow later this quarter. The company has a market capitalization of around $59 million, reportedly more cash than debt and a current ratio of 3.64, recently posted almost 50% revenue growth but is valued at a low revenue multiple and analysts expect a revenue decline for the year; Franklin Wireless plans to release its earnings report on November 19. » Altro su de.investing.com