iQSTEL reaffirms its $430 million fiscal 2026 revenue goal after reporting strong first-quarter growth.
iQSTEL reported first-quarter revenue of $97.9 million, a 70% increase year-over-year, driven by operational expansion and execution. The company maintained its fiscal 2026 revenue target of $430 million, slightly above the $428.20 million consensus estimate.
The results reflect continued momentum in iQSTEL’s core segments, with management emphasizing improved EBITDA performance through cost discipline and operating leverage. Prior-year Q1 revenue was not disclosed in the release.
No immediate market reaction was detailed in the announcement.