Overview

* Actelis Q3 2025 revenue fell significantly year-over-year, missing analyst expectations

* Net loss widened in Q3 due to lower sales and consistent operating expenditures

* Customer bookings nearly doubled sequentially, with a stronger backlog entering Q4

Outlook

* Actelis expects financial impact from reorganization in Q4 2025 and early 2026

* Company sees stronger backlog entering Q4, positioning for improved performance

* Actelis targets 15-20% reduction in operating expenses starting Q4 2025

Result Drivers

* ORDER GROWTH - Customer bookings nearly doubled sequentially, indicating strong demand and a robust backlog entering Q4

* REVENUE DECLINE - Q3 revenue impacted by delays in closing Federal deals and non-recurrence of a large 2024 contract

* CYBERSECURITY EXPANSION - Expanded cybersecurity and software sales contributed to improved gross margins

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $640,000 $1.50

Revenue mln (1

Analyst)

Q3 Net -$2 mln

Income

Q3 -$1.82

Adjusted mln

EBITDA

Q3 $2.11

Operatin mln

g

Expenses

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* Wall Street's median 12-month price target for Actelis Networks Inc ( ASNS ) is $4.00, about 89.3% above its November 13 closing price of $0.43

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)