Odysight.ai Q1 revenue jumps to $2.1M from $0.2M; net loss widens to $4.3M

Odysight.ai Inc.

2025-Q1 EPS reported -$0.29 vs consensus -$0.12 ▼ miss (-136.9%)

Revenue $2.1M (up 10x YoY) driven by $1.7M fulfillment of Fortune 500 medical contract.
Net loss $4.3M vs $3.2M; operating expenses $5.1M (up $2M) on expansion and Nasdaq uplisting costs.
Cash balance $37.2M (vs $17.0M) after Nasdaq uplisting and $23.7M public offering in Feb 2025.
Backlog $14.8M; commercial wins: Israel Railways partnership and European purchase order for industrial monitoring.
Gross margin improved to 26% from negative; cost of revenues rose to $1.5M including $0.2M inventory impairment.

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GMR Solutions Q1 revenue $1.46B (+6.6% YoY), net income $106M (+180% YoY), guides FY26 rev $5.9-6.2B

GMR Solutions Inc. June 1, 2026, 4:45 PM ET earnings Items 2.02, 9.01