Alphawave reports fourth-quarter bookings of $25.5 million

LONDON (Reuters) – London-listed semiconductor technology company Alphawave reported $25.5 million in fourth-quarter new bookings, taking its total for the year to $244.7 million, which it said was ahead of the target it outlined at its listing in May.

The company, which has seen its shares more than halve since it floated from an initial listing price of 410 pence, said on Monday that the bookings had come from North American and South Korean customers.

(Reporting by Paul Sandle; editing by Michael Holden)