TEN Holdings third-quarter revenue rises on new and existing customers
TEN Holdings lifted third-quarter revenue 17.9% year on year, while its net loss widened on a write-off and legal costs, according to Reuters.
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what happened
Revenue at TEN Holdings, a US digital experience platform, climbed 17.9% year on year in the third quarter, according to Reuters. Growth came from both new and existing customers, and from completing transactions started in earlier periods. Professional and managed services revenue jumped 307.7%, offsetting a drop in platform usage revenue.
The net loss widened, however. The company booked a 1.8 million dollar write-off of service contracts and 0.5 million dollars in legal expenses. It also cut total liabilities by 74%. Management plans to keep shifting toward a recurring SaaS subscription model, expand AI, automation and analytics features, and pursue acquisitions that add revenue, EBITDA or complementary technology.
why it matters
For markets this is a story about a small company: actual third-quarter revenue was 640,000 dollars. The key question for investors is whether the move to subscriptions can reduce reliance on one-off projects and return the company to profitability.
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sources
- TEN Holdings Q3 revenue rises, helped by new and existing customers — Reuters, 6 November 2026 at 22:44 UTC
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