Actelis Networks, Inc. (NASDAQ:ASNS – Free Report) – Stock analysts at Litchfield Hills Research lowered their Q4 2026 earnings per share estimates for Actelis Networks in a research note issued to investors on Monday, May 19th. Litchfield Hills Research analyst T. O’neill now forecasts that the company will post earnings of $0.04 per share for the quarter, down from their previous forecast of $0.05. The consensus estimate for Actelis Networks’ current full-year earnings is ($0.53) per share.
Actelis Networks (NASDAQ:ASNS – Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.03. The company had revenue of $0.72 million during the quarter, compared to analysts’ expectations of $1.20 million. Actelis Networks had a negative net margin of 56.82% and a negative return on equity of 752.62%.
Actelis Networks Price Performance
Institutional Trading of Actelis Networks
A hedge fund recently raised its stake in Actelis Networks stock. Geode Capital Management LLC increased its holdings in Actelis Networks, Inc. (NASDAQ:ASNS – Free Report) by 21.1% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 49,008 shares of the company’s stock after buying an additional 8,544 shares during the quarter. Geode Capital Management LLC owned about 0.78% of Actelis Networks worth $66,000 at the end of the most recent reporting period. 12.43% of the stock is currently owned by institutional investors and hedge funds.
Actelis Networks Company Profile
Actelis Networks, Inc engages in the design, development, manufacture, and marketing of cyber hardened, hybrid fiber, networking solutions for Internet of Things and telecommunication companies in North America, Europe, the Middle East, Israel, and the Asia Pacific. It provides rapid-deployment networking solutions for wide-area IoT applications, including federal, state, and local governments; intelligent traffic systems; and military, utility, rail, telecom, and campus applications.
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