TEN Holdings, Inc., operating as a subsidiary of V-cube, Inc., provides comprehensive event management, multimedia production, and broadcasting services throughout the United States. Established in 2011 and headquartered in Langhorne, Pennsylvania, the company orchestrates a diverse array of gatherings, including virtual, hybrid, and in-person conferences, marketing events, product introductions, training sessions, and critical investor and shareholder meetings. Their service offerings encompass live streaming and video recording capabilities for physical events, professional video editing and content creation, and the development of custom on-demand video libraries for accessing finished media. Additionally, TEN Holdings delivers advanced webcast technology, expertise in virtual and hybrid event execution, educational programs, and full-service studio and production facilities. The company caters to a wide range of industries, such as technology, healthcare, education, marketing and advertising, non-profit organizations, associations, consulting and accounting firms, and the investment and banking sectors. TEN Holdings, Inc. adopted its current name in June 2024, having previously operated as The Events Network, Inc.
TEN Holdings Reports Second Quarter 2026 Financial Results
TEN Holdings reported Q2 2026 revenue of $731,000, down 34.5% year-over-year, and a net loss of $3.0 million, or $0.70 per share. Management attributed the revenue decline to timing shifts of opportunities into Q3 and lower revenue from a major customer.
The company closed a $7.5 million public offering on June 30, 2026, increasing cash balances to $5.8 million from $1.6 million at the start of the year. Proceeds will support working capital, AI product development, and strategic acquisitions targeted for completion by December 2026.
CEO Virgilio Torres noted that underlying demand remains unchanged and emphasized that the capital raise positions the company to execute its strategic roadmap.