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IQST - IQSTEL Reports Record Q3 2025 Results: $102.8 Million Quarterly Revenue, 42% Sequential Growth, and Strengthened Balance Sheet
Prnewswire· 2025-11-14 14:30
Core Insights - IQSTEL Inc. reported significant financial growth in Q3 2025, achieving record revenue of $102.8 million, a 42% increase quarter-over-quarter and a 90% increase year-over-year [7][21] - The company maintains a strong balance sheet with assets of $46.8 million ($12.23 per share) and equity of $17.8 million ($4.66 per share), reflecting a 50.02% increase in equity since December 31, 2024 [7][9] - IQSTEL is on track to meet its full-year 2025 revenue forecast of $340 million and has set an organic revenue forecast of $430 million for 2026, indicating a 26% year-over-year growth [3][10] Financial Highlights - Revenue for the nine months ended September 30, 2025, reached $232.6 million, a 26% increase compared to the same period in 2024 [7] - Adjusted EBITDA for Q3 2025 was $683,189, with a revenue run rate of $411.5 million and an adjusted EBITDA run rate of $2.73 million [7][11] - The company has no dilutive debt, convertible notes, or warrants outstanding, ensuring a clean capital structure [3][8] Strategic Developments - IQSTEL is expanding into high-margin sectors such as Fintech, AI, and Cybersecurity, leveraging its established global business platform [6][8] - The acquisition of a 51% stake in Globetopper enhances the company's revenue mix, with approximately 80% from Telecom and 20% from Fintech [8] - A partnership with Cycurion aims to develop AI-driven cybersecurity solutions, further diversifying IQSTEL's service offerings [8] CEO Commentary - The CEO emphasized the company's strong fundamentals and commitment to increasing shareholder value through profitable growth and innovation [9] - The company is positioned to achieve a $15 million EBITDA target by 2026, laying the groundwork for becoming a billion-dollar global corporation [10] Market Position - IQSTEL operates in 21 countries, serving over 600 telecom operators, and is recognized as a rapidly growing technology corporation on NASDAQ [5][11] - The company's strong balance sheet and explosive revenue growth make it an attractive acquisition target for larger industry players [12]
Wall Street Breakfast Podcast: Merck Talks Send Cidara Soaring
Seeking Alpha· 2025-11-14 11:09
Group 1: Merck and Cidara Therapeutics Acquisition - Merck is nearing an acquisition of Cidara Therapeutics, potentially valuing the deal above $3.3 billion, with Cidara's stock up 85% following the news [3][4] - Cidara is recognized for its long-acting antibody medicine aimed at flu protection, and the deal could be announced as soon as Friday [4] - The acquisition is expected to involve cash upfront and additional payouts linked to future clinical trial milestones [5] Group 2: U.S.-Argentina Trade Agreement - The U.S. plans to lift tariffs on certain foods and imports from Argentina, Ecuador, Guatemala, and El Salvador to enhance market access for U.S. companies [5] - Argentina will provide preferential access for various U.S. exports, including medicines, chemicals, and agricultural goods [6] - Ecuador will reduce or eliminate tariff barriers on key products, including tree nuts and fresh fruit, and will remove a variable tariff on many agricultural products [6] Group 3: DoorDash Cybersecurity Incident - DoorDash reported a cybersecurity breach involving unauthorized access to user information, although there is no evidence of data misuse for fraud or identity theft [7][8] - The company is enhancing its security measures, increasing employee training, and engaging an outside firm for investigation [8] - This incident follows a previous breach in 2019, where information from approximately 5 million customers and merchants was exposed [8]
Cybersecurity stocks slide after Anthropic reveals first fully AI-led hack
CNBC Television· 2025-11-13 23:46
Hey, that's right, Mel. Crowd Strike and Palo Alto Networks also moving lower after Anthropic disclosed what it says is the first documented case of an AI orchestrated cyber attack. It's a major headwind for these cyber security names as companies realized that they're not just fighting hackers.They are now up against AI that works around the clock. So what we learned today was that in September, a Chinese statebacked group jailbroke Anthropic's claude model and then used its agent capabilities to automate ...
X @Anthropic
Anthropic· 2025-11-13 18:13
We believe this is the first documented case of a large-scale AI cyberattack executed without substantial human intervention. It has significant implications for cybersecurity in the age of AI agents.Read more: https://t.co/VxqERnPQRJ ...
X @The Wall Street Journal
The Wall Street Journal· 2025-11-13 17:11
Exclusive: China’s state-sponsored hackers used Anthropic’s AI model to automate break-ins of major corporations and foreign governments https://t.co/MpEYzUIitj ...
X @Nick Szabo
Nick Szabo· 2025-11-13 15:50
US-Israel Defense Partnership Act (HR1229 & S554) Implications - The bill mandates US taxpayers to allocate an additional $355 million per year to Israel, potentially enabling Israel to leverage US technology [1] - The Act aims to foster defense collaboration with Israel in emerging technologies, including AI, cybersecurity, robotics, quantum computing, and automation [1] Financial Allocations - $50 million per year is allocated to establish a Defense Innovation Unit office in Israel [2] - $150 million per year is allocated to the United States-Israel Program on Countering Unmanned Systems [5] - $80 million per year is allocated to extend and modify United States-Israel anti-tunnel cooperation [5] - $75 million per year is allocated for unspecified purposes [7] Strategic and Technological Cooperation - The US Department of Defense is directed to discuss Israel's potential inclusion into the national technology and industrial base [3] - The Act includes an assessment of integrated air and missile defense cooperation among the US, Israel, and other regional partners [4] - Focus on lessons learned from countering Iranian airstrikes against Israel on April 13, 2024, and October 1, 2024 [5]
X @Forbes
Forbes· 2025-11-12 14:39
Following the recent confirmation that hackers exploited a critical zero-day vulnerability in Samsung’s Android image processing library to install Landfall smartphone spyware during attacks, America's Cyber Defense Agency, and the U.S. national coordinator for critical infrastructure security and resilience, CISA, has urged all organizations to update as soon as possible. https://t.co/gGySrJNxZC ...
X @Bloomberg
Bloomberg· 2025-11-12 10:53
RT Bloomberg Live (@BloombergLive)To outpace modern attackers, companies must evolve faster than the threats they face.Cybersecurity leaders will share how they build prevention frameworks that adapt in real time. Be part of the discussion 12/8 at #BloombergTech Presents: Defending the Digital Economy with @Mastercard. #BTechCybersecurityRegister here: https://t.co/BuE47qGB7T ...
NSS Labs Selects ectacom GmbH to Expand Cybersecurity Representation in Central Europe
Prnewswire· 2025-11-12 09:00
Core Insights - NSS Labs has partnered with ectacom GmbH to represent its cybersecurity services in the DACH region and Poland, enhancing its market presence in Central Europe [1][4] - The collaboration aims to provide enterprises, service providers, and security vendors with access to NSS Labs' real-world cybersecurity testing services, which are designed to strengthen defenses and ensure compliance [2][4] Company Overview - NSS Labs is recognized as a leading authority in independent cybersecurity product validation, offering research-backed insights and advanced testing platforms to empower informed cybersecurity decisions [5] - ectacom GmbH is a prominent German value-added distributor specializing in complex IT, OT, and IoT solutions, focusing on improving infrastructure efficiency and maintaining compliance for its partners [5] Service Offerings - NSS Labs will offer its managed security testing service, Minion, which simulates live attack scenarios to help organizations validate the effectiveness of their security products [3][6] - The Minion service is designed to assist CISOs, CIOs, and Chief Risk Officers in meeting regulatory compliance and enhancing supply chain assurance [3][6]
X @Bloomberg
Bloomberg· 2025-11-12 01:30
Australia’s spy chief has accused hackers working for China’s government of probing his nation’s communications and infrastructure networks https://t.co/Q7PKRmalMG ...