MSAI

Houston, Texas--(Newsfile Corp. - May 13, 2026) - MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) (the "Company," "MultiSensor AI" or "MSAI") today announced financial results for the first quarter ended March 31, 2026. "Over the last quarter, we continued to sharpen our strategic focus and strengthen the leadership foundation required to scale the business," said Asim Akram, Chief Executive Officer. "The additions of James Newman as Senior Director of Product Enablement and Todd McKellar as Vice President of Sales bring deep reliability, industrial operations, and go-to-market expertise to the Company. Their leadership has already helped us translate our strategy into more differentiated solutions, stronger customer engagement, and higher-quality commercial opportunities across both existing and prospective accounts." Robert Nadolny, Chief Financial Officer, continued, "In the first quarter, we delivered continued growth in our software revenue, reflecting increased adoption of MultiSensor AI's solutions across our customer base. At the same time, disciplined expense management and improving operating efficiency contributed to a narrower net loss year-over-year, demonstrating our progress toward scaling the business while maintaining financial discipline." Financial Highlights: First quarter revenue was $1.6 million, representing an increase of $0.4 million or 38%, as compared to $1.2 million in the first quarter of 2025. Software revenue grew to $0.7 million in the first quarter of 2026, representing an increase of $0.4 million, or 169%, as compared to $0.3 million in the first quarter of 2025. Gross margin was 57% in the first quarter of 2026, representing a decrease of 2% as compared to 59% for the first quarter of 2025. First quarter net loss was $2.5 million, representing a decrease of $1.9 million, or 44%, as compared to net loss of $4.4 million in the first quarter of 2025. Strategic Business Highlights: During the first quarter of 2026, we completed initial deployments at Manchester Airport and a global direct-to-consumer food solutions provider, further validating the applicability of our solutions across complex, mission-critical operations. We also continued expanding our relationship with a large global distribution customer, which recently approved additional projects focused on monitoring rooftop solar infrastructure and distribution facilities,...

Houston, Texas--(Newsfile Corp. - May 7, 2026) - MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) ("MultiSensor AI," "MSAI" or the "Company"), plans to report financial results for the first quarter 2026 on Wednesday, May 13, 2026, after the U.S. stock market closes. About MultiSensor AI MSAI delivers condition monitoring and continuous early threat detection through a multi-sensor condition intelligence platform for high-throughput, automation-rich, and power-dense industrial facilities. Through a unified edge-to-cloud architecture, MSAI Connect provides a multi-sensor condition intelligence layer that bridges critical visibility gaps, strengthens system reliability, and improves asset performance. By integrating thermal, visual, vibration, and environmental sensing into a single platform, MSAI detects early signs of mechanical and electrical degradation - enabling organizations to proactively protect uptime, enhance safety, and extend critical asset lifespan. For more information or to request a demo, please visit www.multisensorai.com MSAI Contact: e-mail: [email protected] website: www.multisensorai.com Source: MultiSensor AI Holdings, Inc. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295847

Mitek Systems (MITK) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +20.64%. A quarter ago, it was expected that this mobile imaging software company would post earnings of $0.2 per share when it actually produced earnings of $0.26, delivering a surprise of +30%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Mitek Systems, which belongs to the Zacks Computer - Optical Imaging industry, posted revenues of $54.84 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 4.43%. This compares to year-ago revenues of $51.93 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Mitek Systems shares have added about 44.4% since the beginning of the year versus the S&P 500's gain of 7.6%. While Mitek Systems has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Mitek Systems was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of...

Houston, Texas--(Newsfile Corp. - March 19, 2026) - MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) ("MultiSensor AI," "MSAI" or the "Company"), a pioneer in early threat detection and condition-based monitoring, today announced financial results for the fourth quarter and year ended December 31, 2025. Asim Akram, CEO and President, commented: "Fiscal 2025 was a pivotal year for MultiSensor AI as we continued our transition from a hardware-centric model toward an integrated, subscription-driven solutions platform. Our teams executed with discipline, advancing key initiatives and deepening relationships with strategic customers in logistics and distribution, manufacturing, and data center markets, where our platform is delivering tangible return on investment through earlier risk detection and smarter operations." Robert Nadolny, CFO, continued, "Building on the momentum we demonstrated throughout the year, we exited 2025 with a meaningfully larger base of recurring software revenue and a significantly narrowed net loss. Supported by the capital we raised during 2025 and the cost optimization programs we implemented, we believe we are entering 2026 with the financial flexibility and operating focus required to scale efficiently, accelerate adoption of MSAI Connect, and move decisively along our path toward sustainable profitability." Financial Highlights: Software revenue for the year ended December 31, 2025 was $1.9 million, an increase of 88%, compared to $1.0 million for the year ended December 31, 2024. Revenue for the year ended December 31, 2025 was $5.6 million, a decrease of 25%, compared to $7.4 million for the year ended December 31, 2024. Net loss for the year ended December 31, 2025 was $11.7 million, a decrease of 46%, compared to $21.5 million for the year ended December 31, 2024. Overall liquidity increased as the Company's cash position grew to $24.4 million as of December 31, 2025, an increase of 459% from $4.4 million as of December 31, 2024. Strategic Business Highlights: We received over $1.5 million in purchase orders in Q4 2025 from our large global distributor customer, which will increase the number of sensors deployed in their facilities. These orders represented approximately $0.3 million in hardware revenue recognized in Q4 2025. Software subscription revenue for these orders will be recognized predominately over a period of four years...

Houston, Texas--(Newsfile Corp. - March 16, 2026) - MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) ("MultiSensor AI," "MSAI" or the "Company"), a pioneer in early threat detection and condition-based monitoring, plans to report financial results for the fourth quarter and full year 2025 on Thursday, March 19, 2026, after the U.S. stock market closes. About MultiSensor AI MSAI delivers condition monitoring and continuous early threat detection through a multi-sensor condition intelligence platform for high-throughput, automation-rich, and power-dense industrial facilities. Through a unified edge-to-cloud architecture, MSAI Connect provides a multi-sensor condition intelligence layer that bridges critical visibility gaps, strengthens system reliability, and improves asset performance. By integrating thermal, visual, vibration, and environmental sensing into a single platform, MSAI detects early signs of mechanical and electrical degradation - enabling organizations to proactively protect uptime, enhance safety, and extend critical asset lifespan. For more information or to request a demo, please visit www.multisensorai.com MSAI Contact: e-mail: [email protected] website: www.multisensorai.com Source: MultiSensor AI Holdings, Inc. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288546

Houston, Texas--(Newsfile Corp. - November 13, 2025) - MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) (the "Company" or "MSAI"), a pioneer in condition-based monitoring and predictive maintenance, today announced financial results for the third quarter ended September 30, 2025. Asim Akram, CEO and President, commented: "The third quarter marked continued progress toward operational excellence and long-term growth. We advanced critical initiatives to strengthen our foundation, enhance commercial execution, and scale our recurring revenue base. Our transition towards integrated, solution-oriented offering is creating value for customers and further validating product market fit across key verticals. Our expansion into North America with a global distribution leader reinforces both the market relevance of our solutions and the scalability of our multisensor platform. We remain disciplined and focused on delivering sustainable growth and tangible return on investment for our customers." Robert Nadolny, CFO, continued, "We are excited about our continued growth in software revenue and the commercial traction we're realizing with key customers. Our third quarter results also reflect the early benefits of the cost-saving initiatives we implemented during the third quarter. We also announced two capital raises shortly after quarter-end totaling approximately $26 million, net of offering expenses. Together, these developments have enhanced our financial flexibility and have allowed for more focused investment in our platform as we continue executing on our path toward profitability." Financial Highlights: Third quarter revenue was $1.6 million, which is consistent with the third quarter of 2024 and represents an increase of $0.2 million, or 11%, quarter over quarter. Software revenue grew to $0.6 million in the third quarter of 2025, representing an increase of $0.3 million, or 114%, as compared to the third quarter of 2024, and an increase of $0.2 million, or 54%, quarter over quarter. Gross margin was 64% in the third quarter of 2025, representing a decrease of 3% as compared to the third quarter of 2024, and an increase of 40% quarter over quarter. Third quarter net loss was $1.7 million, representing a decrease of $6.5 million, or 80%, as compared to the third quarter of 2024, and a decrease of $1.6 million, or 50%, quarter over quarter. Strategic Business Highligh...

HOUSTON, TX / ACCESS Newswire / August 13, 2025 / MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) (the "Company" or "MSAI"), a pioneer in condition-based monitoring and predictive maintenance, today announced financial results for the second quarter ended June 30, 2025. Asim Akram, CEO and President, commented: "Our actions in my first 30 days have been aligned with and in support of MultiSensor AI's broader strategic growth priorities. We've taken immediate steps to chart a new course for the Company, including recruiting and onboarding industry-leading talent with deep expertise in B2B sales, product and commercial marketing, AI-driven solutions, and advanced capabilities in predictive maintenance and condition-based monitoring. I remain energized by the strength of our solutions and the critical problems we help our customers solve. Looking ahead, we are committed to transforming and scaling MultiSensor AI by prioritizing customer value and delivering a world-class experience-through best-in-class solutions, operational excellence, and focused execution." Robert Nadolny, CFO, continued, "The upfront payments collected this quarter from subscription renewals strengthened our liquidity and helped offset the decline in stand-alone hardware sales, consistent with our strategic shift toward being a solution-focused, hardware-agnostic partner. Additionally, we have executed strategic cost optimization initiatives to align our expense base with current operations to enhance long-term profitability, preserve agility, and position MSAI for scalable and efficient growth." Financial Highlights: Second quarter revenue was $1.4 million, a 33% decrease from $2.1 million in the second quarter of 2024, primarily due to an expected reduction in stand-alone hardware sales. Software revenue grew 37% to $0.4 million, compared to $0.3 million in the second quarter of 2024. Subscription renewals for a global distributor commenced in June 2025 and cash was received for the subscriptions up-front for the 12-month subscription term. Strategic Business Highlights: We have accelerated the induction of critical talent across Product, Engineering, and Commercial functions-an intentional move to strengthen the foundation for our next phase of growth. The new team members bring deep industry expertise, along with proven capabilities in AI, IoT, and go-to-market strategy. This infusion of h...

HOUSTON, TX / ACCESS Newswire / May 13, 2025 / MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) (the "Company" or "MSAI"), a pioneer in condition-based monitoring and predictive maintenance enabling Industry 4.0, announced results for the first quarter ended March 31, 2025. Trip Flavin, Interim CEO, commented: "We anticipated a challenging year over year comparable due to the significant order of hardware from our largest customer in Q1 2024. However, we are thrilled to announce the receipt of the first subscription renewals in connection with this hardware, totaling $2.1 million. The renewals from our largest customer marks a significant milestone for MSAI, validating our business model and solutions." Robert Nadolny, CFO, continued, "Our focus remains on executing our growth strategy and delivering exceptional value to our customers. Given the working capital dynamics of our subscriptions, with customers paying upfront for the subscription period, these renewals, which are expected to be paid in Q2 2025, represent a substantial cash infusion, which strengthens our financial position and helps us execute our SaaS-focused growth strategy." Financial Highlights: First quarter revenue decreased 49% to $1.2 million from $2.3 million in 2024. Software revenue increased 25% to $0.25 million from $0.2 million in 2024. Net loss per share decreased 58% to $0.14 as of March 31, 2025. Maintained overall liquidity during the period with a current ratio of 1.4 as of both March 31, 2025, and December 31, 2024 Strategic Business Highlights: We received $2.1 million in subscription renewals from our largest customer of MSAI Connect in the Distribution and Logistics market. These renewals are expected to be recognized over the 12-month subscription period beginning June 2025. In addition, we are excited that a leading automaker has renewed its subscriptions for MSAI Connect. As of March 31, 2025, the Company has approximately 550 active sensors connected to our MSAI Connect platform as compared to approximately 460 as of December 31, 2024, and 90 as of March 31, 2024. This represents a 19% increase quarter over quarter and a greater than 500% increase year over year. We are seeing good initial traction with our early fire detection, including the implementation of new pilots in a second leading automaker's electric battery storage facility and with leading manufacturers in the m...

Revenue: US$7.40m (up 36% from FY 2023). Net loss: US$21.5m (loss narrowed by 3.5% from FY 2023). US$1.07 loss per share (improved from US$3.56 loss in FY 2023). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 36%. Earnings per share (EPS) exceeded analyst estimates by 5.3%. Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in the US. Performance of the American Electronic industry. The company's shares are down 13% from a week ago. Before we wrap up, we've discovered 3 warning signs for MultiSensor AI Holdings (1 is potentially serious!) that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Full Year Revenue Increased 36% to $7.4 million. Software Revenue Increased 30% to $1.0 million Increased Liquidity Further Strengthens Balance Sheet HOUSTON, TX / ACCESS Newswire / March 28, 2025 / MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) (the "Company" or "MSAI"), a pioneer in condition-based monitoring and predictive maintenance enabling Industry 4.0, announced results for the fourth quarter and year ended December 31, 2024. Trip Flavin, Interim CEO, commented: "This was an important quarter for MSAI. We have started to take the necessary steps to reposition the Company for long-term success and navigate our next phase of growth. We refined our strategy to focus on building our position as a SaaS leader in predictive maintenance and strengthened our leadership team to support this new strategy. With our enhanced leadership team and a clear strategic vision, we believe that we are better positioned than ever to drive innovation, expand our commercial reach, and deliver long-term value to our customers and stakeholders." Robert Nadolny, CFO, continued, "As we close out Q4 2024, we are pleased to report strong revenue growth, a testament to the resilience and strategic execution of our team. We believe the 360% growth in the number of sensors connected to our cloud software, MSAI Connect, and the 400% increase of sites where we are deployed as compared to Q4 2023 illustrates the traction our solutions are getting within the market. We are also pleased to highlight our strengthened balance sheet, which underscores our commitment to financial discipline." Financial Highlights: Full year 2024 revenue increased 36% to $7.4 million from $5.4 million in 2023. Software revenue increased 30% to $1.0 million from $0.8 million in 2023. Net loss per share decreased 70% to $1.07 as of December 31, 2024. Overall liquidity increased as the Company's cash position grew to $4.4 million as of December 31, 2024, from $1.6 million as of December 31, 2023. Total liabilities decreased to $3.2 million as of December 31, 2024, from $16.6 million as of December 31, 2023. Strategic Business Highlights: As of December 31, 2024, the Company has approximately 460 active streaming sensors connected to our MSAI Connect platform as compared to approximately 100 as of December 31, 2023, a 360% increase year over year. Our sensors are deployed at approximately 50 sites worldwide as of De...