XHLD

LANGHORNE, Pa., May 15, 2026 /PRNewswire/ -- TEN Holdings, Inc. (Nasdaq: XHLD) through its subsidiary, Ten Events, Inc., ("Ten Events" or the "Company"), a provider of event planning, production, and broadcasting services, today announced its financial results for the quarter ended March 31, 2026. Management Commentary "We are pleased with the 15% top line revenue growth the Company reported for the first three months of 2026," said Virgilio Torres, Chief Executive Officer of TEN Holdings. "This increase demonstrates that the investments we made in the business last year to create a stronger foundation for successful operations, platforms, and strategic acquisitions started to produce positive sales growth results. "Our 37.6% reduction of our quarterly net loss is a direct result of these improved operations, which allowed us to slash SG&A expenses by nearly a third over first quarter of 2025. "During the first quarter of 2026, we also completed a key SOC 2 examination for Broadcast Media Production and Distribution Services Systems. This achievement will help support our provision of high-stakes corporate events including town halls, investor days, executive communications, and regulated broadcasts, where reliability, security, and operational discipline are essential. "Throughout the balance of 2026, we will focus on leveraging last year's partnership with Webinar.net to strengthen our technology ecosystem. This relationship reflects the major cornerstone of our business plan to use best-in-class technologies to deliver scalable, enterprise-grade solutions for our customers. "We are confident that the initiatives we completed in the last fiscal year, including strengthening strategic partnerships, advancing platform capabilities, enhancing enterprise security, expanding the customer base, and establishing a presence in the public capital markets, have positioned our business to pursue growth opportunities, increase market penetration, and, most importantly, continue to achieve the operational improvements that will drive long-term value for our shareholders." Financial Results The Company's first quarter of 2026 earnings reported a total revenue increase of $114,000, or 15.4%, to $853,000. This increase was primarily driven by one of the Company's major customers increasing their revenue contribution by 100%. a.) Virtual & Hybrid events increased by $0.1 m...

LANGHORNE, Pa., March 18, 2026 /PRNewswire/ -- TEN Holdings, Inc. (Nasdaq: XHLD) through its subsidiary, Ten Events, Inc., ("Ten Events" or the "Company"), a provider of event planning, production, and broadcasting services, today announced its full year 2025 financial results. Management Commentary Fiscal 2025 marked TEN Holdings' first year as a public company, a period during which management prioritized establishing the operational, technological, and governance foundations necessary to support scalable growth, raising capital and enhancing visibility with the investor community. "This past year, we focused on strengthening our platform, expanding enterprise adoption, and leveraging strategic partnerships to drive operational efficiency and sustainable performance," said Randolph Wilson Jones III, Chief Executive Officer of TEN Holdings. "These initiatives position TEN Holdings to deliver long-term value for shareholders." A cornerstone of the Company's operational strategy was the acceleration of the Ten Events Pro platform through a strategic partnership with Webinar.net. This collaboration enabled the Company to enhance platform functionality, streamline development processes, and improve operational efficiency, with estimated savings of $1.2 million to $1.7 million annually, while positioning the platform for faster recurring revenue growth. In parallel, TEN Holdings strengthened its technology ecosystem by partnering with V-Cube, bringing advanced enterprise communication capabilities to the North American market. These partnerships reflect the Company's focus on leveraging best-in-class technologies to deliver scalable, enterprise-grade solutions. The Company also made key investments in security, trust, and innovation. During the year, TEN Holdings implemented SOC 2 compliant broadcast systems, reinforcing enterprise confidence in the reliability, security, and compliance of its digital event and communications platform. In addition, the Company expanded its service offerings to include conversational AI solutions, designed to enhance engagement, automation, and data-driven insights for enterprise clients. On the commercial front, TEN Holdings more than doubled the number of new customers acquired, increasing from six in the prior year to 16 in fiscal 2025, reflecting growing market adoption and recognition of the Company's technology solutions. M...

LANGHORNE, Pa., Nov. 10, 2025 /PRNewswire/ -- TEN Holdings, Inc. (NASDAQ: XHLD) ("TEN Holdings" or the "Company"), through its subsidiary, Ten Events, Inc., a provider of event planning, production, and broadcasting services, today announced its financial results for the quarter ended September 30, 2025. Management Commentary "During Q3 2025, we again achieved year-over-year revenue growth. Although modest, this growth demonstrated the stability of our core business and, we believe, laid the foundational groundwork for future revenue growth and operational efficiency," said TEN Holdings Chief Executive Officer, Randolph Wilson Jones III. "The quarter also saw us announce two pivotal achievements, the first of which was the launch of an Early Adopter Program for Ten Events Pro, our software-as-a-service product that provides professional-grade production quality for virtual and hybrid events. More recently, we disclosed the accelerated development of this new software through a technical partnership with Webinar.net, an enterprise-grade virtual event platform built on AWS that delivers scalable, secure, and highly engaging virtual and hybrid experiences with AI-powered features and real-time analytics. Leveraging this partnership will bring Ten Events Pro to market faster than anticipated, we believe positioning the Company for stronger market growth and accelerated annual recurring revenue (ARR). The partnership also delivers substantial operational efficiencies, including an estimated $1.2–$1.7 million reduction in operating expenses in 2026, further strengthening TEN Holdings' financial position. We also announced the appointment of a new Chief Financial Officer with the expertise and experience to help maximize this growth -- Virgilio D. Torres. Mr. Torres has led public and private companies through mergers and acquisitions, capital raises, and complex financial strategies. This background, plus his many years of work in accounting, operations and corporate finance, will help our Company to not only improve internal financial controls but also strengthen our relationship with the banking and investment communities." "Looking ahead," added Mr. Jones, "we're especially optimistic about the potential of our recent product partnership with V-Cube. By integrating their advanced platform with our technology, we can deliver enterprise-grade digital experiences...

LANGHORNE, Pa., Aug. 14, 2025 /PRNewswire/ -- TEN Holdings, Inc. (Nasdaq: XHLD) ("TEN Holdings" or the "Company"), through its subsidiary, TEN Events, Inc., a provider of event planning, production, and broadcasting services, today announced its financial results for the quarter ended June 30, 2025. Management Commentary "During the second quarter of 2025, we achieved year-over-year revenue growth, underscoring the strength and resilience of our strategy, as we build momentum for the remainder of the year. Leveraging our strengthened infrastructure resulting from the restructuring of our sales team and the addition of a new sales leader, we are deepening client relationships and scaling our sales operations. As anticipated, operating expenses increased compared to the prior year, primarily due to the incremental costs associated with operating as a public company, including expanded compliance, reporting, and investor relations functions. We believe that these investments have been critical to building a stronger foundation for sustained growth and enhanced transparency, and may enable us to better communicate our performance, strengthen governance, and pursue strategic opportunities with greater scale and efficiency. Looking ahead, we remain focused on creating shareholder value by expanding our market presence, advancing our products and services, and deepening customer relationships. We will continue to seek opportunities to invest in that may drive long-term growth while maintaining the discipline needed to strengthen profitability. Our mission and strategy remain clear. We are endeavoring to build a stronger, more resilient company positioned to deliver innovative solutions, expand our market reach, and create lasting value for our shareholders," commented TEN Holdings' Chief Executive Officer, Randolph Wilson Jones III. Financial Results Revenue for the three months ended June 30, 2025 was $1,116,000 compared to $1,023,000 for the three months ended June 30, 2024. Revenue increased by $93,000, or 9.1%, compared to the three months ended June 30, 2024. The increase was primarily driven by the following factors: (a.) Revenue from delivered events – virtual and hybrid events for the three months ended June 30, 2025 decreased by $16,000, or 1.8%, compared to the three months ended June 30, 2024, mainly due to certain customers shifting events to the third...

LANGHORNE, Pa., May 20, 2025 /PRNewswire/ -- TEN Holdings, Inc. (Nasdaq: XHLD) ("TEN Holdings" or the "Company"), a provider of event planning, production, and broadcasting services, today announced its first quarter 2025 financial results for the period ending March 31, 2025. Management Commentary "During the first quarter of 2025, the Company continued to execute its business strategies and lay the groundwork for future growth. Due to the progress we've achieved in building our business infrastructure, we now expect to be in a better position to achieve key objectives such as strengthening our customer relationships, increasing our investment in digital marketing, and expanding our sales team. We believe we are also better equipped to perform the R&D that will enable us to introduce additional interactive and data analytics features to our proprietary Xyvid Pro Platform, to further develop and integrate our PaaS model and increase recurring revenue, and to add conversational artificial intelligence to upgrade our offerings. In addition, we believe we are better positioned to possibly invest in, partner with, and acquire appropriate businesses that offer complementary and strategic advantages to enhance our overall competitiveness and growth. These steps, we believe, will provide us with the competitive advantages, margin expansion, customer growth, diversification, and predictable cash flow generation that we anticipate will drive revenue growth and bottom-line improvements going forward." commented TEN Holdings' Chief Executive Officer, Randy Jones. Financial Results The Company reported total revenue of $739,000 for the first quarter of 2025, a decrease of $389,000, or 34.5%, from revenue of $1,128,000 in the first quarter of 2024. The decrease in revenue was due to the following factors: a.) Revenues from Delivered events – Virtual and Hybrid events business segment decreased by $368,000, mainly due to an event series with the Company's largest customer that took place in the first quarter of 2024 and repeats every other year. b.) Revenue from Delivered events – Physical events business segment decreased by $21,000, mainly due to two customer events from the first quarter of 2024 that did not repeat in the first quarter of 2025. Cost of revenue in the first quarter of 2025 decreased by $97,000, or 34.3%, over the same period last year, to $186,000, refl...

LANGHORNE, Pa., March 28, 2025 /PRNewswire/ -- TEN Holdings, Inc. (Nasdaq: XHLD) ("TEN Holdings" or the "Company"), a provider of event planning, production, and broadcasting services, today announced its full year 2024 financial results. "Fiscal year 2024 was a building year for our business, as we worked to develop a pipeline of new strategies and markets that we can grow over the next few years. During the year, we invested in research and development and capital expenditures to prepare to execute on our growth initiatives. By working towards strengthening and enhancing our customer relations, expanding the scope of the Xyvid Pro Platform, and the integration of a new platform-as-a-service (PaaS) model, I am confident that we will build a solid foundation that is necessary to capitalize on our competitive strengths to provide revenue and margin performance to drive value for our shareholders," commented TEN Holdings Chief Executive Officer, Randolph Wilson Jones III. Business Highlights The Company initiated preparations for its initial public offering ("IPO") in 2024, successfully completing the IPO on February 18, 2025, with the Company's securities now trading on the Nasdaq Stock Market under ticker symbol "XHLD." For the year ended December 31, 2024, nine of our top ten customers, in terms of our revenue, were repeat customers. The Company reengineered it's go-to-market strategy with the addition of a new sales executive, realignment of its sales force, and by enhancing demand generation initiatives through industry conferences and digital advertising campaigns to drive engagement. The Company began the development of its new platform-as-a-service (PaaS) model to drive recurring revenue streams. Earnings Results The Company reported fiscal year 2024 total revenues of $3.5 million, down 5.8% from $3.7 million in fiscal year 2023. The decrease was due to the following factors: a.) Revenues from the delivered events – Virtual and Hybrid business segment decreased by approximately $306,000, mainly due to a 2023 event that did not repeat in 2024. b.) Revenue from the delivered events – Physical business segment increased by approximately $91,000, mainly due to a corporate restructuring which resulted in the addition of a full year of activity during the year ended December 31, 2024. c.) During the year ended December 31, 2023, the Company only reported rev...