Actelis Networks, Inc. ( (ASNS) ) has released its Q3 earnings. Here is a breakdown of the information Actelis Networks, Inc. presented to its investors.
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Actelis Networks, Inc. is a leader in providing hybrid fiber-copper, cyber-hardened networking solutions for IoT and broadband applications, serving sectors such as government, military, and telecom. The company has reported its financial results for the third quarter of 2025, highlighting a significant increase in customer bookings and a strategic focus on expanding its Federal and Military market reach. Despite a soft quarter in Federal revenue, Actelis nearly doubled its customer bookings from the previous quarter, entering the fourth quarter with a stronger backlog. The company is on track with its reorganization plan aimed at reducing operating expenses by 15-20% annually. Key financial metrics reveal a decline in revenue to $0.64 million for Q3 2025, compared to $2.54 million in the same period last year, largely due to the non-recurrence of a major contract. Operating expenses increased slightly due to foreign exchange impacts and stock-based compensation. Actelis is advancing its cybersecurity initiatives and has strengthened its balance sheet through private placements and a new equity line of credit. Looking forward, Actelis is poised to leverage its reorganization efforts and strategic hires to enhance its market position and financial performance.