Siyata Mobile's Q2 Sales Miss Expectations, Shares Plummet

Siyata Mobile shares fell 12.46% after Q2 sales missed market expectations, despite a narrower net loss of $3.8 million and improved adjusted EBITDA. Revenue totaled $2.0 million, slightly above last year's $1.9 million, but the results failed to meet expectations. The company emphasized its focus on providing mission-critical Push-to-Talk over Cellular handsets and accessories used by first responders and enterprise clients.

Siyata Mobile Inc. (SYTA) reported its second-quarter (Q2) 2025 financial results on August 14, revealing a 12.46% drop in stock value following the announcement. The company posted a narrower net loss of $3.8 million, an improvement from the $12.9 million loss in the same period last year. However, the results fell short of market expectations, with revenue totaling $2.0 million, up slightly from $1.9 million in the year-ago period [1].

Despite the revenue increase, Siyata's earnings per share (EPS) remained negative, with a loss of 62 cents per share, compared to an analyst forecast of a loss of $1.61 per share. This discrepancy led to the stock's decline, as investors had anticipated better financial performance [2].

The company's focus on providing mission-critical Push-to-Talk over Cellular handsets and accessories for first responders and enterprise clients was emphasized. Siyata's adjusted EBITDA improved from ($3.8) million to ($2.9) million year-over-year, indicating progress in cost management [1].

Technical analysis suggests some medium-term support for Siyata's stock, but its valuation remains unattractive due to a negative P/E ratio and the absence of a dividend yield [2]. The company's merger agreement with Core Gaming Inc., an AI-driven gaming company, may have implications for future financial performance, but its impact on current financials is not reflected in these results [3].

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3U61YO:0-siyata-mobile-inc-reports-results-for-the-quarter-ended-june-30-earnings-summary/
[2] https://www.ainvest.com/news/siyata-mobile-reports-improved-q2-2025-financials-2m-revenue-reduced-net-loss-3-8m-2508/
[3] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3U31K7:0-siyata-mobile-inc-expected-to-post-a-loss-of-1-61-a-share-earnings-preview/