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-0.0283844400323553 7.35348187366637E-05 0.00742701669240385 -0.00169130083094343 -0.0219869108022649 -0.0293403926759321 -0.0220604456210016 -0.0219869108022649
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Actelis Networks Reports Q3 2024 Results: 200% Quarterly Revenue Growth; 46% Year-to-Date Growth Reaching $6.7 Million [Yahoo! Finance]

Actelis Networks, Inc. (ASNS) 
Last actelis networks, inc. earnings: 11/9 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.arsanis.com/investor-relations
Company Research Source: Yahoo! Finance
Q3 2024 EBITDA loss narrowed to $0.2 million, reflecting ongoing momentum and successful cost reduction efforts FREMONT, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal third quarter ended September 30, 2024. Financial Highlights for the Third Quarter and nine months ending September 30: Robust Revenue Growth, Surpassing Full-Year 2023 in Nine Months: Revenue reached $2.54 million in Q3 2024, a 200% year-over-year increase from $0.85 million in Q3 2023. For the nine months ending September 30, 2024, revenue grew to $6.7 million—up 46% from the prior-year period—driven by accelerated execution of large contracts, including $1.1 million of software and support revenues out of a two-year software and services renewal with one of our largest customers. Significant Impro Show less Read more
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