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23.06.2025 14:07:41
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EQS-News: Telvantis Inc. Closes May 25 With $20.6M+ in Revenue; Confirms Full Year Plan in Excess of $200M in Revenues and Strong Commercial Momentum
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EQS-News: Telvantis Inc.
/ Key word(s): Communications
MIAMI BEACH, FL - June 23, 2025 (NEWMEDIAWIRE) - Telvantis Inc., (OTC: RDAR) (“Telvantis” or the “Company”), a U.S.-based technology-driven telecommunications and enterprise solutions provider, today announced approximately $20.6 million in revenue in the month of May 2025, confirming strong recovery of the business. With a growing current run rate of approximately $20 million in monthly revenue, the company has substantially surpassed 2024 revenue performance. Importantly, the company’s revenue trajectory continues to accelerate, validating Telvantis’ position as an emerging force in the telecom technology space. The Company’s gross margin totaled approximately $150 thousand for the month as the company’s gross margin continues to expand as anticipated and generated an operating loss of approximately $227 thousand before financing costs. The gross profit is expected to expand, while costs are expected to decline over the coming quarters. May marks the strongest monthly performance for the company’s gross margin year to date. The current Q2’25 performance for revenues, gross margins and operating profit represents a substantial improvement over the first quarter in 2025. Note that all mentioned numbers are unaudited. “This month of May was strong and we believe that we will close June even stronger,” commented Daniel Contreras, CEO of Telvantis Inc. “We are seeing a lot of commercial momentum right now,” added Contreras. “We will also work with our auditors to provide reviewed H1’25 numbers after the close of the quarter,” added Conteras. About Telvantis Telvantis Inc., (OTC: RDAR) is a U.S.-based telecommunications company delivering advanced solutions to operators, enterprises, and network providers worldwide. Through its recent acquisitions of operations in the U.S. and Ireland, Telvantis has strategically expanded its portfolio to encompass cutting-edge 5G technologies, cloud-based communications platforms, and enterprise-grade services. This expansion, combined with a forward-thinking approach, positions Telvantis for accelerated growth and market leadership in the evolving telecommunications landscape. Forward-looking statements This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis’ current expectations regarding future events and are based on management’s beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law. Investor Relations contact View the original release on www.newmediawire.com News Source: Telvantis Inc.
23.06.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | Telvantis Inc. |
| United States | |
| ISIN: | US74979T2078 |
| EQS News ID: | 2159028 |
| End of News | EQS News Service |
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2159028 23.06.2025 CET/CEST