earnings
confidence high
sentiment positive
materiality 0.80
ConnectM reports Q2 revenue $9.79M (+24% YoY); first profitable quarter with EPS $2.32
ConnectM Technology Solutions, Inc.
- Q2 2026 revenue $9,794,419, up 24% from $7,885,201 in Q2 2025.
- Net income attributable to ConnectM $12.75M, including $19.05M gain on asset disposal offset by $4.9M tax provision.
- EPS $2.32 (discontinued operations $2.53; continuing ops loss $0.21).
- Logistics ($3.63M) and Keen Labs ($3.85M) segments profitable, 76% of total revenue.
- Stockholders' equity rose to $15.82M from $1.58M; total assets $53.0M with $36.1M cash/securities.