Actelis Networks, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $1.1M
- Price
- $0.043
- % Change (Daily % change from the live per-ticker quote feed.)
- 0.00%
- Volume
- 254.7K
About
Actelis Networks, Inc. (ASNS) is a technology company specializing in advanced networking solutions. The company designs, develops, manufactures, and markets these solutions primarily for the Internet of Things (IoT) and telecommunications industries. Its operational reach is extensive, covering North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Actelis' product portfolio includes a range of essential hardware such as Ethernet access devices, high-capacity aggregation switches, broadband amplifiers, and signal repeaters. Complementing its hardware, the company also offers proprietary element management systems software. Beyond products, Actelis provides comprehensive support services, including expert consulting, technical troubleshooting, remote assistance, training programs, product repairs, and crucial software updates. These solutions cater to a diverse array of critical sectors, such as intelligent traffic systems, educational and industrial campuses, airports, smart cities, railway networks, defense, energy, oil and gas, and water utilities. Founded in 1998, Actelis Networks is headquartered in Fremont, California.
Quick stats
Shares outstanding25.8M
Computed float8.0M
Float / shares31.2%
Key info
SectorTechnology
IndustryCommunication Equipment
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001141284
Websitehttps://actelis.com
AI Summary
AI-generated1/13
minorbullishearnings
Actelis Networks Reports Second Quarter 2026 Financial Results and Provides Business Update
Actelis Networks reported Q2 revenue of $1.1 million, up 20% year-over-year, while gross margin expanded to 51% from 32% in the prior year.
The company narrowed its net loss to $1.4 million, or $(0.05) per share, driven by an improved software mix and cost-reduction initiatives expected to save $1 million annually.
Actelis amended its equity line of credit to $30 million and confirmed authorization for a reverse stock split to support its goal of relisting on the Nasdaq.
Red flags
- Reverse stock split authorized (range 1-for-10 to 1-for-25) to support relisting
- Company remains unprofitable with Q2 net loss of $1.4 million