Core Insights - Arqit Quantum reported revenue of $67,000 and an operating loss of $17.8 million for the first half of fiscal 2025, attributed to delayed contract revenue and a transition to a SaaS model [1] - The company signed a significant three-year agreement with a tier-one telecom operator, marking a shift towards subscription-based revenue models [2][3] - Arqit secured its first contract with the U.S. Department of Defense, enhancing its credibility and opening doors for future government contracts [4][5] Financial Performance - Revenue for the first half of fiscal 2025 was $67,000, with an operating loss of $17.8 million due to delayed contract revenue [1] - Cash and cash equivalents stood at $24.8 million as of March 31, with a monthly cash burn rate of approximately $2.2 million to $2.4 million [6] Strategic Developments - The new telecom contract, signed after a 14-month pilot, is designed to scale with end-customer adoption, indicating a focus on channel-driven models [2][3] - The Department of Defense contract involves integration through a major IT vendor, which could lead to more extensive government business opportunities [4][5] Operational Adjustments - The company reduced its workforce from 125 to 72, allowing for disciplined resource allocation during the transition to recurring SaaS contracts [6][7] - Cost discipline and a leaner structure are expected to provide greater flexibility for future growth initiatives [7] Future Outlook - Management anticipates recognizing revenue from delayed Middle East contracts in the second half of fiscal 2025, particularly from telecom pilot projects [9] - Strategic milestones include expanding confidential computing applications with Intel and advancing multipartner pilot projects [9]

Arqit Quantum (ARQQ) H1 2025 Earnings Call May 22, 2025 11:00 AM ET Company Participants Andy Leaver - CEONick Pointon - CFO Conference Call Participants Scott Buck - Managing Director & Senior Technology Analyst Operator Thank you for standing by. On today's call, we will be referring to the press release issued this morning that details the company's first half fiscal year twenty twenty five results, which can be downloaded from the company's website at arket.uk. At the end of the company's prepared remar ...

Allot (ALLT) Q4 2024 Earnings Call February 25, 2025 09:00 AM ET Company Participants Kenny Green - Investor RelationEyal Harari - Chief Executive OfficerLiat Nahum - Chief Financial OfficerNehal Chokshi - Managing DirectorDavid Kanen - President Operator Ladies and gentlemen, thank you for standing by. Welcome to our fourth quarter twenty twenty four results conference call. All participants are present in listen only mode. Following management's formal presentation, instructions will be given for the ques ...