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flag Actelis Networks reports 372% sequential revenue growth, 81% YoY increase, and positive EBITDA in Q2 2024.

flag Actelis Networks Inc reports strong Q2 2024 financials, with a 372% sequential revenue growth, 81% YoY increase, and a positive EBITDA. flag Revenue reached $3.43M, driven by large contracts and a 57% gross margin. flag Operating expenses were reduced by 20%, and the company raised nearly $5M in June 2024, improving its financial health. flag Actelis will present at the Virtual Investor Summit Microcap Event on August 20th.

9 months ago
7 Articles