Overview

* Sonim Q3 2025 revenue rose 45% sequentially, driven by new product demand

* Net loss narrowed to $4.8 mln as operating expenses declined

* Stockholders approved reverse stock split and asset sale agreement

Outlook

* Sonim expects asset sale to NEXA Mobility to close in Q4 2025

* Company focuses on strategic opportunities to monetize Nasdaq listing

* Sonim ( SONM ) aims to regain Nasdaq compliance with reverse stock split

Result Drivers

* NEW PRODUCT DEMAND - Revenue growth driven by demand for new product portfolio, including MegaConnect HPUE mobile hotspot

* OPERATING EXPENSES - Net loss narrowed due to reduced operating expenses and improved sales

* STRATEGIC INITIATIVES - One-time expenses related to strategic initiatives and potential hostile takeover impacted costs

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $16.20

Revenue mln

Q3 Net -$4.80

Income mln

Q3 Gross $1.80

Profit mln

Q3 $5.80

Operatin mln

g

Expenses

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.)