IPO Year: 2022
Exchange: NASDAQ
NEW YORK, NY / ACCESSWIRE / November 20, 2024 / Actelis Networks (NASDAQ:ASNS), known for its expertise in cyber-hardened, rapid-deployment networking solutions, has delivered impressive Q3 2024 results, showcasing financial growth and significant operational improvements. With strategic wins in critical infrastructure, IOT, and military markets, Actelis continues to build momentum. Furthermore, shifting global defense priorities, fueled by Donald Trump's re-election and growing geo-political tensions, could potentially position Actelis to benefit from increased demand for its secure, cost-effective hybrid fiber-copper solutions. Q3 2024 Results: Revenue Growth and Margin ExpansionActel
FREMONT, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal third quarter ended September 30, 2024. Financial Highlights for the Third Quarter and nine months ending September 30: Robust Revenue Growth, Surpassing Full-Year 2023 in Nine Months: Revenue reached $2.54 million in Q3 2024, a 200% year-over-year increase from $0.85 million in Q3 2023. For the nine months ending September 30, 2024, revenue grew to $6.7 million—up 46% from the prior-year period—driven by accelerated exec
FREMONT, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment hybrid networking, recently showcased its GigaLine 900 (GL900) broadband solution at multiple industry events such as WISPAPALOOZA, Broadband Communities West Summit, Connected Britain, and Connected Germany, attracting much interest from providers, integrators and building owners. This attention has underscored the GL900's potential as an ultra-low power, highly cost-effective solution designed to deliver symmetrical Gigabit services, within multi-dwelling units (MDUs), without the need to run new wires or Fiber in the wa
FREMONT, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received a follow-on order for the expansion of its hybrid-fiber networking technology for a Major German Municipality. This order further strengthens Actelis' footprint in Germany, and further bolsters its presence in the field of intelligent transportation systems (ITS) for smart traffic applications. This order comes on the backdrop of previously announced significant orders and successful deployments across many sectors, including highways and ITS,
FREMONT, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received a new order for its cyber-hardened temperature hardened networking technology for a major Italian motorways operator. This order is an expansion of an order previously announced in June for an Italian National Transportation Infrastructure Project of over $300,000. "We're excited to see our continued growth in the Intelligent Transportation space and proud to play a key role in enhancing road safety," said Tuvia Barlev, Chairman and CEO of A
FREMONT, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received a $200,000 order from the United States Department of Military Affairs to supply a US Army National Guard base with its cyber-hardened hybrid-fiber networking solution. Actelis continues to build on its momentum in the federal government sector, having just recently announced a significant order from a US Department of Aerial Transportation agency. This follows a $150,000 order in July from a tier-1 military contractor to deliver the company's
FREMONT, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received a new significant order for a major aerial transportation agency operating underneath the umbrella of the U.S. Department of Transportation. Actelis continues to expand its presence in the transportation sector with its cyber-hardened, hybrid-fiber networking technology that is used at traffic intersections, along major highways and railways, and at international airports around the world. Over the past four months, the company has announ
FREMONT, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference. The conference is scheduled to take place from September 9-11, 2024, at the Lotte New York Palace Hotel in New York City. Actelis' management, including Yoav Efron, Deputy CEO and Chief Financial Officer will participate in person. Actelis' virtual presentation will also be available starting Monday, September 9th on the conference website. Actelis' management will also be participating
FREMONT, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received a new order for a densely populated municipality located in the New York City metropolitan area. As part of the order, Actelis will provide a hybrid-fiber networking solution that will enable fiber-grade connectivity overnight for the municipality's traffic management system, through Netceed, Actelis' partner. "In the intelligent transportation market, data collection and analysis are crucial for optimizing traffic flow and safety," said T
SAN FRANCISCO, CA / ACCESSWIRE / August 20, 2024 / Quality Industrial Corp. (OTC:QIND) is an Industrial company servicing the Oil & Gas and Utility sectors.The company is pleased to announce that on August 19, 2024, its board of directors approved and ratified the appointment of Bush and Associates CPA ("Bush and Associates") as its independent registered public accounting firm. Bush and Associates will review QIND's consolidated financial statements for the period ending June 30, 2024. They will also audit the company's consolidated financial statements for the fiscal year ending December 31, 2024. Bush and Associates replace Pipara and Co LLP ("Pipara") as QIND's independent auditor.On May
FREMONT, Calif., March 22, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, will hold a conference call on Wednesday, March 29, 2023, at 4:30 p.m. Eastern time to discuss its financial results for the fiscal full year ended December 31, 2022. Company CEO Tuvia Barlev and CFO Yoav Efron will host the call. Date: Wednesday, March 29, 2023Time: 4:30 p.m. Eastern timeU.S. & Canada dial-in (toll-free): (800) 715-9871International dial-in (toll): +1(646) 307-1963Conference ID: 5824707 Please call the conference telephone number 10 minutes prior to
FREMONT, Calif., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid-deployment networking solutions for wide-area IoT networks, will hold a conference call on Friday, November 11, 2022, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal third quarter ended September 30, 2022. Company CEO Tuvia Barlev and CFO Yoav Efron will host the call. Date: Friday, November 11, 2022Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. & Canada dial-in (toll-free): (800) 715-9871International dial-in (toll): +1(646) 307-1963Conference ID: 6957723 Please call t
FREMONT, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid-deployment networking solutions for wide-area IoT networks, will hold a conference call on Thursday, August 11, 2022 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal second quarter ended June 30, 2022. Company CEO Tuvia Barlev and CFO Yoav Efron will host the call. Date: Thursday, August 11, 2022Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. & Canada dial-in (toll-free): (800) 715-9871International dial-in (toll): +16463071963Conference ID: 2342820 Please call the confer
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SAN FRANCISCO, CA / ACCESSWIRE / August 20, 2024 / Quality Industrial Corp. (OTC:QIND) is an Industrial company servicing the Oil & Gas and Utility sectors.The company is pleased to announce that on August 19, 2024, its board of directors approved and ratified the appointment of Bush and Associates CPA ("Bush and Associates") as its independent registered public accounting firm. Bush and Associates will review QIND's consolidated financial statements for the period ending June 30, 2024. They will also audit the company's consolidated financial statements for the fiscal year ending December 31, 2024. Bush and Associates replace Pipara and Co LLP ("Pipara") as QIND's independent auditor.On May
FREMONT, Calif., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company") a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today announced that it has received several recent orders to deploy its hybrid fiber-copper networking solution to support IoT connectivity for major highway and rail systems in Japan. Actelis continues its momentum in the Asia-Pacific region where, as previously reported, the Company recently announced the appointment of Tzachy Givaty as Regional Vice President to lead the Company's regional business development and channel partner expansion efforts. The projects for J
FREMONT, Calif., July 12, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company") a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today announced the appointment of Bret Harrison as the new Senior Vice President of Sales and Services for the Americas, to lead the Company's business development and channel partner expansion efforts in the region. Mr. Harrison brings a strong track record of achievement over the past 20 years in the areas of sales leadership, business development and key partners/alliances management roles within enterprises, global cybersecurity, telecommunications, and IoT solution
FREMONT, Calif., March 08, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company") a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today announced the appointment of Tzachy Givaty as Regional Vice President for Asia-Pacific ("APAC") to lead the company's business development and channel partner expansion efforts in the region. Givaty has a proven record of achievement over the past 20 years in the areas of sales management, business development & key partners/alliances management roles within global cybersecurity, mobile & IoT solutions and enterprise SaaS-based software solutions companies. Prior
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Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received new orders of over $150,000 for a tier-1 military contractor for its latest cyber-hardened networking solution, the GigaLine 800, which will be deployed on U.S. military bases. This order marks the first major deployment of the GL800, underscoring Actelis' momentum in the military sector following its certification by the National Institute of Standards and Technology (NIST) for FIPS standard, the Joint Interoperability Test Command (JITC), and placement on the U.S. Department of Defense's Approv
Shares of Conagra Brands, Inc. (NYSE:CAG) fell during Thursday's session after the company reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted EPS guidance below estimates. The company reported adjusted earnings per share of 61 cents, beating the analyst consensus estimate of 57 cents. Quarterly revenues of $2.905 billion missed the street view of $2.930 billion, according to data from Benzinga Pro. Conagra Brands shares declined 3.9% to $27.70 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Kazia Therapeutics Limited (NASDAQ:KZIA) shares surged 88.6% to $1.26. Kazia Therapeutics, on Wednesday, announced result
Shares of WD-40 Company (NASDAQ:WDFC) rose sharply in today's pre-market trading after the company posted stronger-than-expected results for its third quarter on Wednesday. Quarterly sales came in at $155 million which beat the analyst consensus estimate of $145.8 million. WD-40 reported quarterly earnings of $1.46 per share which beat the analyst consensus estimate of $1.27 per share, according to data from Benzinga Pro. WD-40 shares jumped 12.5% to $247.20 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Volcon, Inc. (NASDAQ:VLCN) rose 65.8% to $6.05 in pre-market trading after declining over 6% on Wednesday. Actelis Networks, Inc.
Continues Momentum In Intelligent Transportation Following Wins In Washington, DC, Bakersfield, CA, And Italy
Actelis Networks's (NYSE:ASNS) short percent of float has risen 163.7% since its last report. The company recently reported that it has 380 thousand shares sold short, which is 12.13% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inter
Actelis Networks Inc (NASDAQ:ASNS) shares are trading lower by 14.3% to $1.98 during Monday’s session after the company announced a $2.25 million capital raise through warrant exercise and new warrants issuance. What Happened? Actelis announced a definitive agreement for the immediate exercise of certain Series A-2 warrants to purchase up to 999,670 shares of common stock at $2.00 per share, originally issued in June 2024. The exercise is expected to generate approximately $2.25 million in gross proceeds for the company. In return for the immediate exercise, Actelis will issue new unregistered warrants to purchase up to 1,999,340 shares of common stock at $1.75 per share. These new