Teleste reports Q3 revenue of 28.4 million euros amid delivery shifts
Teleste Corporation saw its third-quarter revenue decline by 17.5 percent to 28.4 million euros, while adjusted EBITDA remained steady at 3.4 million euros.
Teleste Corporation recorded a revenue of 28.4 million euros for the third quarter of 2026, a 17.5 percent decrease compared to the same period in 2025. Despite the drop in top-line figures, the company maintained an adjusted EBITDA of 3.4 million euros, matching its performance from the previous year.
The company has streamlined its reporting structure, renaming its Broadband Networks segment to Networks. Management noted that the lower quarterly sales were primarily due to the timing of product deliveries, which have been weighted toward the final quarter of the year.
The results cover the first nine months of 2026, reflecting a period of adjustment for the company as it navigates market demand. Teleste continues to focus on fulfilling its order book as it enters the year-end period.