Sonim Technologies reports Q3 revenue of $16.2 million and net loss of $4.8 million

Reuters
10/31
Sonim Technologies reports Q3 revenue of $16.2 million and net loss of $4.8 million

Sonim Technologies Inc. reported net revenue of $16.2 million for the third quarter ended September 30, 2025, a 45% increase from the previous quarter. The company posted a GAAP net loss of $4.8 million in the third quarter, compared to a net loss of $7.5 million in the second quarter of 2025. Adjusted EBITDA for the third quarter was negative $2.0 million, improving from negative $3.2 million in the previous quarter. As of September 30, 2025, Sonim had $2.1 million in cash and cash equivalents, $3.5 million in trade accounts receivable, and $11.0 million in inventory. During the quarter, Sonim launched the MegaConnect HPUE mobile hotspot with AT&T and FirstNet. The company also reported progress toward the sale of its assets to NEXA Mobility and completed strategic initiatives including a reverse stock split, an increase in shares, and the reelection of board nominees. One-time expenses related to a proxy contest, due diligence for an asset sale, and preparations for a special shareholders' meeting affected results for the period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sonim Technologies Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 272694) on October 31, 2025, and is solely responsible for the information contained therein.

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