Actelis Networks Q3 revenue misses on delays in closing Federal deals

Actelis Networks' Q3 2025 revenue fell short due to delays in Federal deals, widening net loss. Despite lower sales, customer bookings doubled, indicating strong demand. The company anticipates financial impact from reorganization in Q4 2025 and early 2026, targeting a 15-20% reduction in operating expenses. Expanded cybersecurity sales improved gross margins. Analyst rating is "buy" with a price target of $4.00, significantly above the current price.

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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

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 is $4.00, about 89.3% above its November 13 closing price of $0.43

Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (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.)