secwatch.observer — SEC 8-K summary
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Issuer:     iQSTEL Inc (IQST)
CIK:        0001527702
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001663577-24-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iQSTEL reports preliminary January 2024 revenue of $17M, gross profit up from December
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- Preliminary revenue for January 2024 was $17M; gross profit improved month-over-month.
- Revenue excludes any contribution from the recently announced QXTEL acquisition.
- Company achieved positive operating income in Q3 2023, ahead of forecast.
- Management states January revenue exceeds prior expectations for next 12 months.
- QXTEL acquisition expected to bring IQST annual revenue to ~$250M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527702/000166357724000037/0001663577-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527702/000166357724000037/iqst8k020624.htm
  HTML page:      https://secwatch.observer/filing/0001663577-24-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer