IQSTEL Inc. (NASDAQ:IQST) shares jumped 30.86% to $2.46 in after-hours trading Thursday following a strategic update from the company outlining accelerating revenue growth and a platform transformation targeting significantly higher margins.
Revenue Growth Offsets Earnings Miss As Profitability Outlook Improves
For the fiscal year ended Dec. 31, 2025, IQSTEL reported revenue of $316.9 million, an 11% increase year over year. Gross profit rose 14.3% to $9.46 million.
EBITDA for the Florida-based technology company came in at $2.7 million, while net income was close to $2 million. Management said the company expects to reach consolidated net profitability within the next 12 months.
In early April, IQSTEL reported its fourth quarter 2025 results, posting earnings per share of -$0.89, well below the -$0.20 analyst estimate. Revenue came in at $84.22 million, missing the $104.75 million estimate by 19.60%.
CEO Leandro Iglesias said, “We are entering …