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Actelis Networks files to sell 1.96M shares of common stock for holders  17:21
05/24/23
05/24
17:21
05/24/23
17:21
ASNS

Actelis Networks

$3.14 /

-0.2 (-5.99%)

 
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ASNS Actelis Networks
$3.14 /

-0.2 (-5.99%)

ASNS Actelis Networks
$3.14 /

-0.2 (-5.99%)

Earnings
Actelis Networks reports Q1 EPS ($1.09) vs. ($22.60) last year » 08:42
05/12/23
05/12
08:42
05/12/23
08:42
ASNS

Actelis Networks

$3.56 /

-0.29 (-7.53%)

Reports Q1 revenues…

Reports Q1 revenues $1.85M vs. $1.87M last year. "As we close out the quarter, Actelis continues to drive momentum in customer acquisitions. Our solutions continue to win customers domestically and internationally and our partner network is expanding into new verticals and countries," said Tuvia Barlev, Chairman and CEO of Actelis. "We are also expanding our product portfolio and are adding cutting edge solutions to help solve major market pains for large IoT and critical infrastructure projects. Despite macroeconomic headwinds, we are well positioned to drive growth and provide lasting value to our shareholders and customers alike, as the need for solutions that enable rapid deployment at a fraction of the cost of new infrastructure keeps growing and may even increase in times of economic downturn. Looking ahead, our focus is on expanding our reach, investing in global sales and marketing and optimizing internal operations to ensure we deliver strong performance in the coming quarters. We will continue to invest in developing our target markets and take advantage of our newly developed and growing global partner network to expand our market reach more efficiently through realizing more indirect sales. At the same time, we will prudently introduce cost savings measures as internal projects are coming to completion and freeing up resources. As a result, we are re-focusing our investment in the opportunities in IoT and cyber aware networking while reducing the cash burn-rate of our operation, including the general and administrative expenses associated with being a publicly traded company," Barlev added. "Our newly raised funding of $3.5M in gross proceeds, alongside the expense reduction efforts are important steps in pursuing the opportunities in front of us. As we continue to make progress in various directions noted in this release, we plan to hold an investor day during the month of June, on which we will update later-on."

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ASNS Actelis Networks
$3.56 /

-0.29 (-7.53%)

  • 13
    May
Hot Stocks
Actelis Networks Inc trading resumes  10:40
05/05/23
05/05
10:40
05/05/23
10:40
ASNS

Actelis Networks

$4.29 /

-0.38 (-8.14%)

 
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ASNS Actelis Networks
$4.29 /

-0.38 (-8.14%)

  • 13
    May
Hot Stocks
Actelis Networks Inc trading halted, volatility trading pause  10:35
05/05/23
05/05
10:35
05/05/23
10:35
ASNS

Actelis Networks

$4.29 /

-0.38 (-8.14%)

 
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ASNS Actelis Networks
$4.29 /

-0.38 (-8.14%)

  • 13
    May
Over a month ago
Hot Stocks
Actelis Networks regains compliance with Nasdaq » 17:56
05/03/23
05/03
17:56
05/03/23
17:56
ASNS

Actelis Networks

$3.54 /

-3.22 (-47.63%)

Actelis Networks…

Actelis Networks announced that it received notice from The Nasdaq Stock Market (Nasdaq) on May 3 that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550 for maintaining the listing of the shares of the company's common stock on the Nasdaq Global Capital Market.

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ASNS Actelis Networks
$3.54 /

-3.22 (-47.63%)

  • 13
    May
Hot Stocks
Actelis Networks Inc trading resumes  09:51
05/03/23
05/03
09:51
05/03/23
09:51
ASNS

Actelis Networks

$3.28 /

-3.48 (-51.48%)

 
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ASNS Actelis Networks
$3.28 /

-3.48 (-51.48%)

  • 13
    May
Hot Stocks
Actelis Networks Inc trading halted, volatility trading pause  09:46
05/03/23
05/03
09:46
05/03/23
09:46
ASNS

Actelis Networks

$3.65 /

-3.11 (-46.01%)

 
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ASNS Actelis Networks
$3.65 /

-3.11 (-46.01%)

  • 13
    May
Hot Stocks
Actelis Networks showcases new hybrid fiber-copper solutions » 08:19
05/01/23
05/01
08:19
05/01/23
08:19
ASNS

Actelis Networks

$3.30 /

+0.15 (+4.76%)

Actelis Networks…

Actelis Networks announced the introduction of next generation hybrid fiber-copper solutions designed to enable rapid deployment of cyber-safe, gigabit connectivity to locations where fiber installation is difficult and costly. The newly introduced solutions support a variety of IoT applications for rail, military and campus networks, 5G/mobile base stations as well as residential and commercial broadband, including Multiple Dwelling Units such as apartments and condos. The introduction follows successful tests with rail and military customers that exceeded expectations. "Our new line of gigabit hybrid fiber-copper products is very unique in that it utilizes existing wiring but is able to transmit multi-gig, fiber-grade connectivity over long distances, which provides tremendous cost and time savings for network operators," said Tuvia Barlev, Chairman and CEO of Actelis. "The flexibility of the solution allows for an almost unlimited number of applications, from rail networks to enabling high-speed internet for unserved and underserved communities."

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ASNS Actelis Networks
$3.30 /

+0.15 (+4.76%)

  • 13
    May
Hot Stocks
Actelis Networks announces 1-for-10 reverse stock split » 16:30
04/19/23
04/19
16:30
04/19/23
16:30
ASNS

Actelis Networks

$3.70 /

-0.049 (-1.31%)

Actelis Networks…

Actelis Networks announced that on April 18 the Company filed a Certificate of Amendment to the Twenty Fourth Amended and Restated Certificate of Incorporation of the Company with the Secretary of State of the State of Delaware to affect a 1-for-10 reverse stock split of the shares of the Company's common stock . The Common Stock began trading on a Reverse Stock Split-adjusted basis on the Nasdaq Capital Market on April 19.The Company undertook the Reverse Stock Split with the objective of meeting the minimum $1.00 per ordinary share bid requirement under Nasdaq Listing Rule 5550(a)(2) for maintaining the listing of the shares of the Common Stock on the Nasdaq Global Capital Market.

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ASNS Actelis Networks
$3.70 /

-0.049 (-1.31%)

  • 13
    May
Over a quarter ago
Hot Stocks
Actelis Networks selected by City of Eugene for traffic modernization project » 07:16
02/21/23
02/21
07:16
02/21/23
07:16
ASNS

Actelis Networks

/

+

Actelis Networks…

Actelis Networks announced that the City of Eugene, Oregon has selected Actelis' hybrid fiber-copper networking solutions as part of its most recent traffic modernization project. The city's Transportation Management Plan aims to triple the current rate of transit by foot, bicycles, and public transport by the year 2035. As part of this modernization, Eugene is adding Actelis' hybrid fiber-copper ethernet access devices integrated with new traffic controllers to manage traffic flow through several different IoT devices, including cameras and radar detection sensors. "We are very pleased to be part of Eugene's modernization of its traffic management system. The selection by the city proves yet again the competitive edge of our solutions," said Tuvia Barlev, chairman and CEO of Actelis. "Our hybrid fiber-copper solutions give cities the network building blocks they need for their infrastructure of today, while simultaneously making them ready for fiber installation in the future. By that, we help cities like Eugene to save not only a tremendous amount of time for deployment, but also to make room in their budgets."

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ASNS Actelis Networks
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  • 13
    May

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