SEALSQ Corp (NASDAQ:LAES) shares are trading lower on Tuesday after the company disclosed FY25 preliminary results and FY26 guidance.

• SEALSQ shares are under pressure. Why is LAES stock trading lower?

FY25 Results

The company disclosed that it achieved $18 million in revenue for 2025, up 66% year-over-year, including $8 million in the fourth quarter compared to $4 million in the same period last year.

This growth …

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