Actelis Networks Inc reports results for the quarter ended June 30 - Earnings Summary

• Actelis Networks Inc ASNS.OQ reported a quarterly adjusted loss of 21 cents​​ per share for the quarter ended June 30. The lone analyst forecast for the quarter was for a loss of 16 cents per share.

• Revenue was $941.00 thousand​; analysts expected $1.00 million.

• Actelis Networks Inc's reported EPS for the quarter was a loss of 21 cents​.

• The company reported a quarterly loss of $1.9 million.

• Actelis Networks Inc shares had risen by 2.3% this quarter and lost 53.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 300% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Actelis Networks Inc is $5.00, about 87.4% above its last closing price of $0.63

This summary was machine generated from LSEG data August 14 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)