Earnings ·
Reports Q3 revenue up 68% to $1.1 million and net loss narrowed by 37%
ASNSActelis Networks Inc
Actelis Networks reported third-quarter 2026 revenue of $1.1 million, a 68% increase from the prior-year quarter, driven by federal and intelligent transportation deliveries in North America where sales rose 170%. Gross margin expanded to 40% from 28%, while operating expenses fell 13%, narrowing the net loss to $1.2 million or $(0.04) per share compared to a $2.0 million loss previously. For the first nine months, revenue grew 38% to $3.2 million and cash balances increased to $4.8 million. The company operates in hybrid fiber networking solutions for IoT and broadband applications.