Elauwit Connection Q2 Earnings Call Highlights

Elauwit Connection NASDAQ: ELWT reported second-quarter results marked by lower revenue tied to the timing of construction projects, while management highlighted growth in contracted, activated and billed units as indicators of future recurring service revenue.Second-quarter revenue fell 46% year over year, or $2.5 million, to $2.9 million. Chief Financial Officer James Di Bartolo said the decline reflected the periodic and variable nature of client construction and installation projects. For the first six ...

Elauwit Connection Q2 Earnings Call Highlights - Reportify