Mobile solutions provider Sonim's Q3 revenue up 45% on new products demand

Reuters
2025/10/31
Mobile solutions provider Sonim's Q3 revenue up 45% on new products demand

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 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/Miss

Actual

Consensus Estimate

Q3 Revenue

$16.20 mln

Q3 Net Income

-$4.80 mln

Q3 Gross Profit

$1.80 mln

Q3 Operating Expenses

$5.80 mln

Press Release: ID:nNFC1S1DY7

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10