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Benzinga
Benzinga
Business
Vaishali Prayag

Siyata Mobile Shares Drop After Q2 Sales Miss Despite Narrower Loss

Hinton Warns on AI Goals

Siyata Mobile Inc. (NASDAQ:SYTA) shares fell Friday after the company reported weaker-than-expected second-quarter sales results.

What To Know: For the three months ended June 30, 2025, revenue totaled $2.0 million, slightly above the $1.9 million posted in the same period last year, but the results failed to meet market expectations. The net loss narrowed to $3.8 million from $12.9 million a year earlier, while adjusted EBITDA improved to a loss of $2.9 million compared to a $3.8 million loss last year.

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