Actelis Networks Reports Q2 2024 Results: 372% Sequential Revenue Growth, 81% Year-Over-Year Increase, and Positive EBITDA
ASNSActelis(ASNS) GlobeNewswire News Room·2024-08-15 05:45

FREMONT, Calif., Aug. 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 second quarter ended June 30, 2024. Second Quarter and First Half 2024 Financial Highlights: Major Revenue Growth: Actelis achieved revenue increase to 3.43millioninQ22024,reflectingan813.43 million in Q2 2024, reflecting an 81% year-over-year growth compared to 1.9 milli ...