SideChannel Q2 revenue falls, net loss widens on higher operating expenses
SIDECHANNEL INC SDCH | 0.00 |
Overview
US cybersecurity services firm's fiscal Q2 revenue fell 17% yr/yr
Gross margin for fiscal Q2 rose to 53.5% from 49.7% last year
Net loss widened as operating expenses increased due to higher selling and marketing costs
Outlook
Company prioritizes converting Enclave pipeline into recurring revenue for remainder of fiscal 2026
SideChannel plans to maintain operating discipline while scaling Enclave platform and services
Company continues to invest in marketing and partnerships to support retention and margin improvement
Result Drivers
HIGHER OPERATING EXPENSES - Co said increased operating expenses were due to targeted investment in selling and marketing
MARGIN AND RETENTION IMPROVEMENT - Co said marketing and partnership investments led to higher gross margin and improved revenue retention
Company press release: ID:nACSm8dXSa
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q2 Revenue |
|
$1.58 mln |
|
Q2 Net Income |
|
-$444,000 |
|
Q2 Gross Profit |
|
$843,000 |
|
Q2 Operating Income |
|
-$448,000 |
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