Actelis Networks reports Q3 EPS (17c) vs (9c) last year

Reports Q3 revenue $643k vs $2.541M last year. “We are seeing good traction and opportunities develop in Federal and MDU markets, despite a soft quarter on the Federal revenue side,” said Tuvia Barlev, Chairman and CEO of Actelis. “Customer bookings this quarter were nearly double sequentially to Q2, and we entered the fourth quarter with stronger backlog of orders that are scheduled for delivery. Our reorganization is proceeding as planned, while the financial impact will be seen in Q4 and into early 2026. At the same time, we continue to expand our Federal and Military reach and pursue opportunities for both organic and selective inorganic growth.”