MSAI

Houston, Texas--(Newsfile Corp. - August 13, 2026) - MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) (the "Company", "MultiSensor AI" or "MSAI") today announced financial results for the second quarter ended June 30, 2026. Asim Akram, Chief Executive Officer, said, "Industrial customers are moving from reactive maintenance to data-driven operations. They need one platform that combines multiple sensor technologies into actionable intelligence before failures occur. During the quarter, we expanded MSAI Connect with wireless vibration monitoring, giving customers thermal and vibration intelligence in a single workflow and taking another step toward becoming the operating system for industrial asset health." Robert Nadolny, Chief Financial Officer, continued, "We are beginning to see the benefits of our efforts over the last year: recurring software subscriptions are growing, and our leaner cost structure is supporting improved operating leverage. With $21.0 million of cash on the balance sheet at quarter end, we are focused on continuing to build our platform and recurring revenue base." Financial Highlights: Grew second quarter revenue 19% to $1.7 million, an increase of $0.3 million as compared to $1.4 million in the second quarter of 2025. Increased software revenue 85% to $0.7 million in the second quarter of 2026, an increase of $0.3 million as compared to $0.4 million in the second quarter of 2025. Reduced second quarter net loss 26% to $2.5 million, a decrease of $0.9 million as compared to net loss of $3.3 million in the second quarter of 2025. Ended the quarter with $21.0 million of cash and cash equivalents as of June 30, 2026, as compared to $24.4 million as of December 31, 2025. Strategic Business Highlights: A large global distributor renewed its subscriptions for another year and issued purchase orders for our first rollout at 10 sites in North America, with installations expected to begin during the second half of 2026. In June 2026, we expanded the MSAI Connect platform through integration with Broadsens wireless vibration sensors, enabling customers to monitor both thermal and vibration data from a single interface and strengthening the Company's multi-sensor platform strategy. We presented at The Reliability Conference 2026 and SupplyChainPoint 2026 during the quarter, demonstrating multi-camera thermal monitoring within MSAI Connect. The Company's Quarterly Report is filed with the Securities and Exchange Commission (the "SEC"), and is available at www.sec.gov as well as in the Investor Relations section of the Company's website (www.multisensorai.com). More information about the Company and its business, including an updated investor presentation, also is available on the Investor Relations section on MSAI's website. All share and per share amounts presented have been adjusted retroactively to reflect the 1-for-40 reverse stock split on April 13, 2026. About MultiSensor AI MultiSensor AI is a multi-sensor condition intelligence solution for high-throughput and highly automated industrial operations. By unifying thermal, vibration, and visual sensor data in a single solution, MultiSensor AI enables reliability teams to proactively protect uptime, reduce maintenance costs, enhance safety, and extend the useful life of their most critical assets. For more information, visit www.multisensorai.com. Forward Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "plan," "will," "would" or their negatives or variations of these words, or similar expressions. All statements contained in this press release that do not strictly relate to matters of historical fact should be considered forward-looking statements, including, without limitation, management's expectations regarding its strategic priorities and objectives, future plans and business prospects. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including those identified in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as such factors may be updated from time to time in the Company's other filings with the SEC. Because forward-looking statements are inherently subject to risks and uncertainties, you should not rely on these forward-looking statements as predictions of future events. Any forward-looking statement made in this press release is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable law, the Company expressly disclaims any obligations to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. MSAI Contact:e-mail: [email protected]: www.multisensorai.com Source: MultiSensor AI Holdings, Inc. MultiSensor AI Holdings, Inc.Condensed Consolidated Statements of Operations(unaudited)(Amounts in thousands of U.S. dollars, except share and per share data) MultiSensor AI Holdings, Inc.Condensed Consolidated Balance Sheets(unaudited)(Amounts in thousands of U.S. dollars, except share and per share data) MultiSensor AI Holdings, Inc.Condensed Consolidated Statements of Cash Flows(unaudited)(Amounts in thousands of U.S. dollars) To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309482

Fastly (FSLY) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to a loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +114.29%. A quarter ago, it was expected that this cloud software developer would post earnings of $0.08 per share when it actually produced earnings of $0.13, delivering a surprise of +62.5%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Fastly, which belongs to the Zacks Internet - Software industry, posted revenues of $183.32 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 5.34%. This compares to year-ago revenues of $148.71 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. Fastly shares have added about 145.1% since the beginning of the year versus the S&P 500's gain of 13%. While Fastly 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 Fastly 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 today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.06 on $180.75 million in revenues for the coming quarter and $0.32 on $718.62 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. MultiSensor AI Holdings, Inc. (MSAI), another stock in the same industry, has yet to report results for the quarter ended June 2026. This company is expected to post quarterly loss of $1.20 per share in its upcoming report, which represents a year-over-year change of +70%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. MultiSensor AI Holdings, Inc.'s revenues are expected to be $2.1 million, up 47.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fastly, Inc. (FSLY) : Free Stock Analysis Report MultiSensor AI Holdings, Inc. (MSAI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

OneSpan (OSPN) came out with quarterly earnings of $0.3 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +20.00%. A quarter ago, it was expected that this internet security company would post earnings of $0.36 per share when it actually produced earnings of $0.39, delivering a surprise of +8.33%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. OneSpan, which belongs to the Zacks Internet - Software industry, posted revenues of $60.47 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.70%. This compares to year-ago revenues of $59.84 million. The company has topped consensus revenue estimates three 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. OneSpan shares have added about 23.6% since the beginning of the year versus the S&P 500's gain of 11%. While OneSpan 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 OneSpan 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 today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.31 on $59.51 million in revenues for the coming quarter and $1.23 on $246.53 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, MultiSensor AI Holdings, Inc. (MSAI), has yet to report results for the quarter ended June 2026. This company is expected to post quarterly loss of $1.20 per share in its upcoming report, which represents a year-over-year change of +70%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. MultiSensor AI Holdings, Inc.'s revenues are expected to be $2.1 million, up 47.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ONESPAN INC (OSPN) : Free Stock Analysis Report MultiSensor AI Holdings, Inc. (MSAI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

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, with installations expected throughout the remainder of fiscal year 2026. We successfully deployed two pilot projects within the data center sector, marking an important step in expanding MSAI's presence in critical infrastructure environments. Initial customer feedback has been positive, and we are actively engaged in discussions to broaden these deployments and pursue additional opportunities across other data center facilities. The Company's Quarterly Report is filed with the Securities and Exchange Commission (the "SEC") and is available at www.sec.gov as well as in the Investor Relations section of the Company's website (www.multisensorai.com). All share and per share amounts presented have been adjusted retroactively to reflect the 1-for-40 reverse stock split on April 13, 2026. 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. Forward Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "plan," "will," "would" or their negatives or variations of these words, or similar expressions. All statements contained in this press release that do not strictly relate to matters of historical fact should be considered forward-looking statements, including, without limitation, management's expectations regarding its strategic priorities and objectives, future plans and business prospects. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors and those identified in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as such factors may be updated from time to time in the Company's other filings with the SEC. Because forward-looking statements are inherently subject to risks and uncertainties, you should not rely on these forward-looking statements as predictions of future events. Any forward-looking statement made in this press release is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable law, the Company expressly disclaims any obligations to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. MSAI Contact: e-mail: [email protected] website: www.multisensorai.com Source: MultiSensor AI Holdings, Inc. MultiSensor AI Holdings, Inc. Condensed Consolidated Statements of Operations (unaudited) (Amounts in thousands of U.S. dollars, except share and per share data) MultiSensor AI Holdings, Inc. Condensed Consolidated Balance Sheets (unaudited) (Amounts in thousands of U.S. dollars, except share and per share data) MultiSensor AI Holdings, Inc. Condensed Consolidated Statements of Cash Flows (unaudited) (Amounts in thousands of U.S. dollars) To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297319

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 today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.26 on $48.44 million in revenues for the coming quarter and $1.08 on $192.36 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computer - Optical Imaging is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Computer and Technology sector, MultiSensor AI Holdings, Inc. (MSAI), has yet to report results for the quarter ended March 2026. This company is expected to post quarterly loss of $1.60 per share in its upcoming report, which represents a year-over-year change of +71.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. MultiSensor AI Holdings, Inc.'s revenues are expected to be $1.7 million, up 45.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mitek Systems, Inc. (MITK) : Free Stock Analysis Report MultiSensor AI Holdings, Inc. (MSAI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

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 beginning upon the commencement of the subscriptions which is expected to occur in Q1 2026. In the distribution and logistics market, we are excited by purchase orders for new pilots received in Q4 2025. Manchester Airport Group selected our platform to help elevate the reliability and performance of its baggage-handling operations. Initial deployments at Manchester Airport were completed in Q1 2026. Additionally, we received a purchase order from a global direct-to-consumer food solution company to leverage our solution for monitoring critical assets in cold storage facilities. In the data center market, we began discussions to pilot our solutions with several large data center owners and operators. Shortly after year-end we received our first purchase order for a pilot implementation from a U.S. based data center. As of December 31, 2025, we had approximately 730 active sensors connected to our software platform, MSAI Connect, as compared to approximately 460 as of December 31, 2024. This represents a 59% increase year over year. The Company's Annual Report is filed with the SEC, and is available at www.sec.gov as well as in the Investor Relations section of the Company's website (www.multisensorai.com). More information, including an updated investor presentation, is available on MSAI's Investor Relations website at www.investors.multisensorai.com. 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. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "plan," "will," "would" or their negatives or variations of these words, or similar expressions. All statements contained in this press release that do not strictly relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding capital raises, the management's expectations regarding its strategic priorities and objectives, future plans and business prospects. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including those identified in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as such factors may be updated from time to time in the Company's other filings with the SEC. Because forward-looking statements are inherently subject to risks and uncertainties, you should not rely on these forward-looking statements as predictions of future events. Any forward-looking statement made in this press release is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable law, the Company expressly disclaims any obligations to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. MSAI Contact: e-mail: [email protected] website: www.multisensorai.com Source: MultiSensor AI Holdings, Inc. MultiSensor AI Holdings, Inc. Consolidated Statements of Operations (Amounts in thousands of U.S. dollars, except share and per share data) MultiSensor AI Holdings, Inc. Consolidated Balance Sheets (Amounts in thousands of U.S. dollars, except share and per share data) MultiSensor AI Holdings, Inc. Consolidated Statements of Cash Flows (Amounts in thousands of U.S. dollars) To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289085

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 Highlights: We have realigned our solutions under two offerings: Early Threat Detection ("ETD") and Reliability Maintenance Engineering ("RME"). As part of this realignment, we simplified our go-to-market strategy with Resolution Kits, and launched the MSAI Hub, an edge gateway that reduces installation complexity. During the quarter, we successfully implemented MSAI ETD and RME solutions in the United States with a global distribution leader, marking the first wave of North American deployments following multiple successful programs across Europe and the United Kingdom. In the Data Center market, we have narrowed our focus to the infrastructure surrounding and supporting data centers- specifically Electrical Panel Monitoring ("EPM") and ETD applications. This includes using MSAI Connect solutions to monitor power and cooling control systems. During the quarter, we began discussions to pilot these solutions with several large data center owners and operators. We have executed, and continue to execute, strategic targeted 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. These initiatives were instrumental to the decrease in operating expenses and net loss during the third quarter of 2025. As of September 30, 2025, approximately 665 active sensors were connected to the MSAI Connect platform, as compared to approximately 610 as of June 30, 2025, and 249 as of September 30, 2024. This represents a 9% increase quarter over quarter and a 167% increase year over year. The Company's Quarterly Report is filed with the SEC, and is available at www.sec.gov as well as in the Investor Relations section of the Company's website (www.multisensorai.com). More information, including an updated investor presentation, is available on MSAI's Investor Relations website at www.investors.multisensorai.com. About MultiSensor AI MultiSensor AI builds and deploys intelligent multi-sensing platforms incorporating edge and cloud software solutions that leverage artificial intelligence. MSAI's integrated solutions utilize data generated from an array of sensors and sensor modalities including high-resolution thermal imagers, visible and acoustic imagers, as well as vibration and laser spectroscopy sensors, to protect customers' most critical assets. MSAI's platform combines condition-based monitoring data with proprietary edge and cloud software to generate actionable insights that, we believe, minimize unplanned downtime, reduce maintenance costs, prevent hazards, and extend asset life. For more information or to request a demo, please visit www.multisensorai.com Forward Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "plan," "will," "would" or their negatives or variations of these words, or similar expressions. All statements contained in this press release that do not strictly relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding capital raises, the management's expectations regarding its strategic priorities and objectives, future plans and business prospects. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including our ability to obtain stockholder approval for and satisfy the other conditions to the second closing of our private placement and those identified in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, as such factors may be updated from time to time in the Company's other filings with the SEC. Because forward-looking statements are inherently subject to risks and uncertainties, you should not rely on these forward-looking statements as predictions of future events. Any forward-looking statement made in this press release is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable law, the Company expressly disclaims any obligations to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. MSAI Contact: e-mail: [email protected] website: www.multisensorai.com Source: MultiSensor AI Holdings, Inc. MultiSensor AI Holdings, Inc. Condensed Consolidated Statements of Operations (unaudited) (Amounts in thousands of U.S. dollars, except share and per share data) To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274367

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 high-impact talent positions us to drive innovation, scale efficiently, and lead a transformative shift in how we deliver value to our customers. We have taken deliberate steps to simplify our portfolio, enabling sharper focus on the core industry verticals where we are best positioned to deliver differentiated value. As part of this strategy, we are concentrating our resources on IoT-enabled, AI-driven solutions that directly address challenges within our target markets. This focus allows us to deepen our domain expertise, accelerate innovation, and deliver scalable outcomes that matter most to our customers. We have strategically expanded our target applications to include data centers, leveraging the strengths of our existing solutions. Successful pilots in this sector have validated the potential to provide significant value and insights related to cooling management and server load balancing. We are prioritizing a focused go-to-market effort targeting data centers in the second half of 2025, positioning us to capture substantial growth opportunities in this high-demand vertical. We achieved a significant milestone by completing our first pilot implementation with a second Big-3 automaker to monitor lithium-ion battery packs for thermal runaway-underscoring our growth in automotive manufacturing. Additionally, we partnered with our first Big-3 automaker to launch an advanced pilot featuring dual-vision hardware sensors (combining visual and infrared technologies) aimed at enhancing the precision of our early fire detection solution by reducing false alarms. These initiatives demonstrate our commitment to innovation and deepening strategic collaborations within critical automotive safety applications. During the quarter, we successfully launched new applications with a global distributor, marking key milestones in expanding our footprint with this customer. These initiatives include pilot programs focused on monitoring rooftop solar installations, critical power systems within facilities, and last-mile infrastructure-demonstrating our commitment to delivering targeted, high-value solutions that address emerging industry needs and drive measurable customer impact. The Company's Quarterly Report is filed with the SEC, and is available at www.sec.gov as well as in the Investor Relations section of the Company's website (www.multisensorai.com). More information, including an updated investor presentation, is available on MSAI's Investor Relations website at www.investors.multisensorai.com. About MultiSensor AI MultiSensor AI builds and deploys intelligent multi-sensing platforms incorporating edge and cloud software solutions that leverage artificial intelligence. MSAI's integrated solutions utilize data generated from an array of sensors and sensor modalities including high-resolution thermal imagers, visible and acoustic imagers, as well as vibration and laser spectroscopy sensors, to protect customers' most critical assets. MSAI's platform combines condition-based monitoring data with proprietary edge and cloud software to generate actionable insights that, we believe, minimize unplanned downtime, reduce maintenance costs, prevent hazards, and extend asset life. For more information or to request a demo, please visit https://www.multisensorai.com Forward Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "plan," "will," "would" or their negatives or variations of these words, or similar expressions. All statements contained in this press release that do not strictly relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding management's expectations regarding its strategic priorities and objectives, future plans and business prospects. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including those identified in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, as such factors may be updated from time to time in the Company's other filings with the SEC. Because forward-looking statements are inherently subject to risks and uncertainties, you should not rely on these forward-looking statements as predictions of future events. Any forward-looking statement made in this press release is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable law, the Company expressly disclaims any obligations to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. MSAI Contact: e-mail: [email protected] website: www.multisensorai.com MultiSensor AI Holdings, Inc. Condensed Consolidated Statements of Operations (unaudited) (Amounts in thousands of U.S. dollars, except share and per share data) SOURCE: MultiSensor AI Holdings, Inc. View the original press release on ACCESS Newswire

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 metals and mining, food and beverage, pulp and paper, and waste and recycling industries. The Company's Quarterly Report is filed with the SEC, and is available at www.sec.gov as well as in the Investor Relations section of the Company's website (www.multisensorai.com). About MultiSensor AI MultiSensor AI builds and deploys intelligent multi-sensing platforms incorporating edge and cloud software solutions that leverage artificial intelligence. MSAI's integrated solutions utilize data generated from an array of sensors and sensor modalities including high-resolution thermal imagers, visible and acoustic imagers, as well as vibration and laser spectroscopy sensors, to protect customers' most critical assets. MSAI's platform combines condition-based monitoring data with proprietary edge and cloud software to generate actionable insights that, we believe, minimize unplanned downtime, reduce maintenance costs, prevent hazards, and extend asset life. For more information, please visit https://www.multisensorai.com Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "will," or their negatives or variations of these words, or similar expressions. All statements contained in this press release that do not strictly relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the Company management's expectations regarding customer orders and its strategic priorities and objectives, future plans and business prospects. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including the risk that customers may cancel subscriptions and those identified in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, as such factors may be updated from time to time in the Company's other filings with the SEC. Because forward-looking statements are inherently subject to risks and uncertainties, you should not rely on these forward-looking statements as predictions of future events. Any forward-looking statement made in this press release is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable law, the Company expressly disclaims any obligations to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. MSAI Contact: Matthew Tancredo, Director of Finance e-mail: [email protected] website: www.multisensorai.com MultiSensor AI Holdings, Inc. Condensed Consolidated Statements of Operations (unaudited) (Amounts in thousands of U.S. dollars, except share and per share data) SOURCE: MultiSensor AI Holdings, Inc. View the original press release on ACCESS Newswire