earnings
confidence high
sentiment negative
materiality 0.75
Actelis Q1 revenue up 33% to $958k; net loss widens to $2.46M; gross margin drops to 25%
ACTELIS NETWORKS INC
2026-Q1 EPS reported
-$0.16
revenue$958,000
- Revenue $958k (+33% YoY) driven by deliveries in US federal, ITS, and telecom; North America up 25%, EMEA up 27%.
- Net loss $2.46M ($0.16/share) vs $1.86M ($2.18/share) prior year; operating loss $1.86M vs $1.81M.
- Gross margin fell to 25% from 35% due to a low-margin ~$200k US deal and FX headwinds; management expects recovery.
- Cash $7.5M after raising $6.9M via ATM; $1M used for share repurchases; stock now trades on OTCQB following Nasdaq delisting.
- Binding term sheet to acquire Exaware Routing (all-stock) for entry into AI-driven data center networking.
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