Datavault AI Reports Q2 GAAP EPS of -$0.12, Revenue Misses Estimates
Datavault AI (DVLT) reported second-quarter results with a GAAP earnings per share (EPS) of -$0.12, missing the consensus estimate by $0.09. The company's revenue came in at $6.7 million, significantly below expectations and down by $23.55 million from forecasts. Despite this underperformance, Datavault AI reiterated its full-year 2026 revenue target of at least $200 million, representing a projected growth rate of approximately 400% year over year. The company is also moving forward with an all-cash acquisition of CyberCatch for $94.5 million and has partnered exclusively with Fiserv to provide financial services and payments solutions. These strategic moves aim to bolster Datavault AI's long-term growth trajectory despite the current quarter’s disappointing results.
Topics: Earnings M&A Revenue Miss