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.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(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.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4170","symbol_name":"電腦硬件、儲存設備及電腦周邊","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251031:nL1N3WC0IC:1","article_id":"2579469903","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579469903","pubTimestamp":1761912552,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Mobile solutions provider Sonim's Q3 revenue up 45% on new products demandOverviewSonim Q3 2025 revenue rose 45% sequentially, driven by new product demandNet loss narrowed to $4.8 mln as operating ex","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4170":"电脑硬件、储存设备及电脑周边","SONM":"Sonim Technologies Inc"},"translate_title":"移动解决方案提供商Sonim第三季度收入因新产品需求增长45%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SONM":0.9},"content_text":"Mobile solutions provider Sonim's Q3 revenue up 45% on new products demandOverviewSonim Q3 2025 revenue rose 45% sequentially, driven by new product demandNet loss narrowed to $4.8 mln as operating expenses declinedStockholders approved reverse stock split and asset sale agreementOutlookSonim expects asset sale to NEXA Mobility to close in Q4 2025Company focuses on strategic opportunities to monetize Nasdaq listingSonim aims to regain Nasdaq compliance with reverse stock splitResult DriversNEW PRODUCT DEMAND - Revenue growth driven by demand for new product portfolio, including MegaConnect HPUE mobile hotspotOPERATING EXPENSES - Net loss narrowed due to reduced operating expenses and improved salesSTRATEGIC INITIATIVES - One-time expenses related to strategic initiatives and potential hostile takeover impacted costsKey DetailsMetricBeat/MissActualConsensus EstimateQ3 Revenue$16.20 mlnQ3 Net Income-$4.80 mlnQ3 Gross Profit$1.80 mlnQ3 Operating Expenses$5.80 mlnPress Release: ID:nNFC1S1DY7For 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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}