Siyata Mobile Shares Drop After Q2 Sales Miss Despite Narrower Loss
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 15 2025
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Source: Benzinga
Sales Performance: Siyata Mobile Inc. reported second-quarter revenue of $2.0 million, slightly above last year's $1.9 million, but fell short of market expectations, leading to a 12.46% drop in share price.
Financial Outlook: The company's net loss narrowed to $3.8 million from $12.9 million a year prior, with improved adjusted EBITDA, while awaiting the closing of a merger with Core Gaming Inc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
