ZW Data Action Tech Q2 FY26 net loss narrows to USD 350,000; revenue rises to USD 652,000
CNET•AI services revenue and post-quarter share sale
AI services generated USD 57,000 of revenue, swinging from no revenue a year earlier as the company refocuses on the segment.
Subsequent to quarter-end, it signed agreements to sell 1,000,000 shares at USD 1.45 each for USD 1.45 million in gross proceeds.
Q2 results show narrower loss and higher revenue
ZW Data Action Technologies posted a Q2 net loss of USD 350,000, narrowing from USD 637,000 a year earlier.
Revenue rose 19.0% year over year to USD 652,000; operating loss widened to USD 381,000 from USD 682,000.
Gross profit was USD 47,000, unchanged year over year; gross margin slipped 1.4 percentage points to 7.2%.
