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China Information Technology Inc (CNIT.OQ)

CNIT.OQ on NASDAQ Stock Exchange Capital Market

1.72USD
4:00pm EDT
Change (% chg)

$-0.03 (-1.71%)
Prev Close
$1.75
Open
$1.75
Day's High
$1.77
Day's Low
$1.70
Volume
14,669
Avg. Vol
226,924
52-wk High
$5.20
52-wk Low
$0.68

Latest Key Developments (Source: Significant Developments)

Cnit And Ndmt Enter Into Exclusive Distribution Agreement In Taiwan
Monday, 23 Apr 2018 08:00am EDT 

April 23 (Reuters) - China Information Technology Inc ::CNIT AND NDMT ENTER INTO EXCLUSIVE DISTRIBUTION AGREEMENT IN TAIWAN.CHINA INFORMATION TECHNOLOGY INC - HAS ENTERED INTO AN EXCLUSIVE DISTRIBUTION AGREEMENT WITH NOWNEWS DIGITAL MEDIA TECHNOLOGY CO LTD.CHINA INFORMATION TECHNOLOGY - AS PER AGREEMENT, NDMT WILL ACT AS EXCLUSIVE PARTNER OF CO IN TAIWAN TO PROMOTE CO'S NEW-MEDIA SHARING BUSINESS.  Full Article

CNIT Reports $8 Million Revenue Increase In 2017
Thursday, 29 Mar 2018 08:00am EDT 

March 29 (Reuters) - China Information Technology Inc ::CNIT REPORTS $8 MILLION REVENUE INCREASE IN FISCAL YEAR 2017.SEES FY 2019 REVENUE $55 MILLION TO $60 MILLION.SEES FY 2018 REVENUE $30 MILLION TO $33 MILLION.‍REITERATED COMPANY'S FINANCIAL PROJECTION FOR FISCAL YEAR OF 2018 AND 2019​.  Full Article

China Information Technology Inc sees FY 2017 revenue $17 mln to $19 mln
Monday, 13 Nov 2017 10:09am EST 

Nov 13 (Reuters) - China Information Technology Inc :China Information Technology Inc - CNIT is confident to achieve its projection of 2017 revenue of $17 to $19 million.China information technology inc - increased 2017 forecast on adjusted net income to the range of $4.6 million to $5.0 million.China Information Technology Inc - revenue in 2018, is expected to range from $30 to $33 million.China Information Technology Inc sees 2018 adjusted net income of $9 to $11 million‍​.China Information Technology Inc - IN 2019, revenue could possibly be between $55 and $60 million, with adjusted net income of $20 to $23 million.  Full Article