Fusemachines Reports Q3 Revenue of $1.85 Million and Improved Adjusted EBITDA
Fusemachines Inc. (FUSE) has released its third-quarter financial results, reporting a GAAP earnings per share (EPS) loss of $0.15 on revenue of $1.85 million. Despite the net loss, the company demonstrated significant operational progress by narrowing its non-GAAP EBITDA loss to $1.4 million, representing a 39.2% improvement compared to the previous quarter. The company's cost management efforts were evident as total operating expenses decreased by 9.8%, falling from $3.7 million in Q2 to $3.3 million in Q3. This reduction in spending, combined with improved EBITDA margins, suggests a strategic focus on narrowing losses and optimizing the company's financial structure.
Tickers: $FUSE
Topics: earnings report EBITDA operating expenses revenue
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