Actelis Networks Reports Fiscal Full Year 2023 Results
Actelis Networks, Inc. (ASNS)
Last actelis networks, inc. earnings: 11/9 08:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investors.arsanis.com/investor-relations
Company Research
Source: GlobeNewswire
FREMONT, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, hybrid-fiber rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal full year 2023 ended December 31, 2023. Key Highlights: Strategic shift to IoT sales: Total revenue was $5.6 million for the full year 2023, compared to $8.8 million in the prior year. The Company nearly completed its strategic shift to IoT, with a proportional increase of IoT sales to 77% of annual sales, and further significant decline in Telecom revenue. A significant portion of the decline was a result of delays in on-going customer activities, which are expected to catch up in 2024.Direct margin increase: Gross Margin was 34% for the full year 2023, compared to 47% in the prior year. A consistently healthy direct margin year over year was offset by an increase of indirect expenses as % of revenu
Show less
Read more
Impact Snapshot
Event Time:
ASNS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ASNS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ASNS alerts
High impacting Actelis Networks, Inc. news events
Weekly update
A roundup of the hottest topics
ASNS
News
- Actelis Networks and Khushi Communications Partner to Enable Expansion of IoT Networks Throughout India [Yahoo! Finance]Yahoo! Finance
- Actelis Networks and Khushi Communications Partner to Enable Expansion of IoT Networks Throughout IndiaGlobeNewswire
- Actelis Networks Reports Fiscal Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- Actelis Networks and Netceed Sign Partnership Agreement to Extend Actelis' Hybrid-Fiber Networking Solutions to Netceed's North American Customer Base [Yahoo! Finance]Yahoo! Finance
- Actelis Networks and Netceed Sign Partnership Agreement to Extend Actelis’ Hybrid-Fiber Networking Solutions to Netceed’s North American Customer BaseGlobeNewswire
ASNS
Sec Filings
- 4/3/24 - Form EFFECT
- 4/2/24 - Form 424B3
- 4/2/24 - Form 4
- ASNS's page on the SEC website