iQSTEL reports Preliminary 1H results

Seeking Alpha ·

iQSTEL press release ( IQST ): 1H Revenue of $207M. net revenue of approximately $207 million for the first six months of 2026, compared to $130 million during the same period of 2025, representing approximately 59% year-over-year growth. IQSTEL reports preliminary H1 2026 revenue of $207M IQSTEL signs binding MoU to acquire 51% of Ultranet Telecom Group; shares slide nearly 15%

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iQSTEL reported 207 million dollars in revenue for the first half of 2026, marking a significant 59% year-over-year growth. Despite the announcement of a 51% acquisition of UltraNet Telecom, the stock price plummeted 15%, showing an unusual market reaction. Investors remain cautious about financial uncertainties and potential share dilution arising from the M&A activity despite the revenue growth.

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iQSTEL's strong revenue performance underscores its aggressive market expansion. However, the market's negative reaction suggests that the costs and complexity of the UltraNet Telecom acquisition have overshadowed the top-line gains. Investors are focused on the long-term impact on the balance sheet and the potential for equity dilution as the company executes its integration strategy.

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