IQSTEL Reports 35% Organic Revenue Growth in First Nine Months of 2026
IQSTEL Inc. (NASDAQ: IQST) has announced preliminary third-quarter revenue of approximately $106.0 million, bringing its nine-month total to $314.0 million. This represents a 35% organic increase compared to the same period in 2025. The company has currently achieved 73% of its $430 million annual revenue objective for fiscal year 2026. To meet its full-year target, IQSTEL requires approximately $116.0 million in fourth-quarter revenue. Additionally, the company is moving forward with a binding memorandum of understanding to acquire a 51% controlling interest in Ultranet Telecom Group. This acquisition, targeted for completion in Q1 2027, is expected to add significant scale and potentially make the company cash-flow positive on a consolidated basis.
Topics: acquisition financial results organic growth revenue growth
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