Cost ManagementCost optimization continues to be a priority to reach profitability as it dropped by 40.9% and 44.6%, sequentially and YoY, respectively.
Service Revenue GrowthService revenues of $9.8 million beat the estimate by 8.4%, growing 12.4% and 24.0% from previous quarters.
Service Segment PerformanceThe service segment continues to improve, outpacing estimates despite underwhelming results.