{"success":true,"data":{"pressRelease":{"id":"27132","rtpr_id":"nWkr2xdTgk","ticker":"TLT1V","exchange":"Nasdaq Helsinki","all_tickers":["TLT1V"],"title":"Teleste Corporation: Interim Report 1 January to 31 March, 2026","author":"Cision","published_at":"2026-05-08T05:30:04.721Z","article_body":"Teleste Corporation\n \n\nTeleste Corporation\nStock exchange release\nMay 8, 2026, at 8.30 a.m. EEST\nTELESTE CORPORATION: Profitability Improved, Net Sales at Previous year’s\nlevel\nUnless otherwise specified, the figures in parentheses refer to the\nyear-on-year comparison period.\nBroadband Networks business segment has been renamed Networks.\njanuary-march 2026 in brief\n-          Net sales was EUR 32.2 (32.2) million, on par with\nprevious year.\n\n-          Adjusted EBITDA was EUR 3.1 (2.7) million, representing an\nincrease of 12.8%.\n\n-          The adjusted operating profit was EUR 1.9 (1.5) million,\nrepresenting an increase of 29.0%.\n\n-          The operating profit was EUR 1.8 (1.5) million,\nrepresenting an increase of 20.4%.\n\n-          Earnings per share were EUR 0.07 (0.03), representing an\nincrease of 114%.\n\n-          Cash flow from operations was EUR -1.5 (1.5) million.\n\n-          Orders received decreased by 15.8% to EUR 31.2 (37.1)\nmillion.\noutlook for FINANCIAL YEAR 2026 (unchanged)\nTeleste estimates that Net sales for 2026 will be in the range of 140 to 160\nmillion euros and adjusted Operating profit in the range of 7 to 10 million\neuros. Profit is expected to be weighted toward the second half of the year.\n\nMaterial changes in the operating environment, including geopolitical\ntensions, changes in trade policies, and the development of the US dollar\nexchange rate can create uncertainty for parts of the business.\nKEY FINANCIALS\n EUR million                      1-3 2026  1-3 2025  Change    1-12 2025  \n Net sales                        32.2      32.2      0.0 %     138.6      \n Adjusted EBITDA 1)               3.1       2.7       12.8 %    12.1       \n Adjusted EBITDA, % 1)            9.5 %     8.4 %     1.1 ppt   8.7 %      \n Adjusted Operating profit 1)     1.9       1.5       29.0 %    7.1        \n Adjusted Operating profit, % 1)  5.8 %     4.5 %     1.3 ppt   5.1 %      \n Operating profit                 1.8       1.5       20.4 %    6.8        \n Operating profit, %              5.5 %     4.5 %     0.9 ppt   4.9 %      \n Net result for the period        1.4       0.6       141.7 %   2.6        \n Earnings per share, EUR          0.07      0.03      114.0 %   0.15       \n Cash flow from operations        -1.5      1.5       n/a       12.9       \n Orders received                  31.2      37.1      -15.8 %   138.2      \n Order backlog                    113.6     119.9     -5.3 %    114.5      \n Net gearing, %                   39 %      46 %      -7.7 ppt  34 %       \n Equity ratio, %                  49 %      47 %      2.2 ppt   48 %       \n Average personnel                613       633       -3.2 %    633        \n\n1)       An alternative performance measure defined in the tables\nsection of the report.\nCOMMENTS BY ESA HARJU, PRESIDENT AND CEO\n\"Our financial performance and profitability remained strong in the first\nquarter of fiscal year 2026. Operational execution was at a very good level in\nboth business segments, reflecting the improvements achieved during the\nprevious year. Orders received were seasonally modest at the beginning of the\nyear, while net sales were at the prior year’s level. Profitability was\nrobust and improved, driven by gross margin protection, revenue blend and cost\ndiscipline.\n\nIn the Networks segment, deliveries continued largely as planned, supported by\na favorable product and market mix and disciplined cost management. While\ncustomer ordering activity followed typical seasonal patterns, our focus on\nexecution efficiency and margin management supported strong profitability\ntrend during the quarter. Investments aimed at strengthening our long-term\nposition in North America continued as planned.\n\nIn the Public Safety and Mobility segment, performance was in line with our\nexpectations. Net sales were supported by deliveries from several ongoing\nprojects, whilst orders received reflected typical timing characteristics of\nproject business. Profitability remained at a solid level, supported by\nimproved cost efficiency and an increasingly balanced project and services\nmix.\n\nOrder intake followed expected seasonal patterns across the Group, while our\norder backlog remained strong and provides a good foundation for the remainder\nof the year. We continued to focus on margin discipline, cost efficiency and\ncareful prioritization of deliveries in an evolving operational environment.\n\nThe global operating environment remains uncertain, and we continue to prepare\nproactively for different scenarios. Based on current visibility, our\nfull-year outlook for 2026 remains unchanged, with results expected to be\nweighted toward the second half of the year.\"\n\n \n\nFor further information, please contact:\n\nEsa Harju\nPresident and CEO\n \n\nMervi Kerkelä-Hiltunen\nCFO\n\ntel. +358 40 596 3012\n\ninvestor.relations@teleste.com\n \n\nAbout Teleste\nTeleste offers an integrated product and service portfolio that makes it\npossible to build and run a better networked society. Our solutions bring\ntelevision and broadband services to you, secure your safety in public places\nand guide your use of public transport. With solid industry experience and\ndrive for innovations, we are a leading international company in broadband,\nsecurity and information technologies and related services. We connect with\nour customers through a global network of offices and partners. In 2025,\nTeleste’s net sales reached EUR 138.6 million and it had approximately 630\nemployees. Teleste is listed on Nasdaq Helsinki. For more information, visit\nwww.teleste.com .\n\nhttps://news.cision.com/teleste-corporation/r/teleste-corporation--interim-report-1-january-to-31-march--2026%2Cc4344609\n\nInterim release Q1 2026 (https://mb.cision.com/Main/15775/4344609/4083683.pdf)\n\nteleste-stock-q1-image\n(https://news.cision.com/teleste-corporation/i/teleste-stock-q1-image%2Cc3535993)\n\n\n\n(c) Copyright Waymaker BIT News - Cision 2026","article_body_html":"","raw_payload":{"data":{"id":"nWkr2xdTgk","title":"Teleste Corporation: Interim Report 1 January to 31 March, 2026","author":"Cision","ticker":"TLT1V","created":"2026-05-08T05:30:04.721Z","tickers":["TLT1V"],"exchange":"Nasdaq Helsinki","article_body":"Teleste Corporation\n \n\nTeleste Corporation\nStock exchange release\nMay 8, 2026, at 8.30 a.m. EEST\nTELESTE CORPORATION: Profitability Improved, Net Sales at Previous year’s\nlevel\nUnless otherwise specified, the figures in parentheses refer to the\nyear-on-year comparison period.\nBroadband Networks business segment has been renamed Networks.\njanuary-march 2026 in brief\n-          Net sales was EUR 32.2 (32.2) million, on par with\nprevious year.\n\n-          Adjusted EBITDA was EUR 3.1 (2.7) million, representing an\nincrease of 12.8%.\n\n-          The adjusted operating profit was EUR 1.9 (1.5) million,\nrepresenting an increase of 29.0%.\n\n-          The operating profit was EUR 1.8 (1.5) million,\nrepresenting an increase of 20.4%.\n\n-          Earnings per share were EUR 0.07 (0.03), representing an\nincrease of 114%.\n\n-          Cash flow from operations was EUR -1.5 (1.5) million.\n\n-          Orders received decreased by 15.8% to EUR 31.2 (37.1)\nmillion.\noutlook for FINANCIAL YEAR 2026 (unchanged)\nTeleste estimates that Net sales for 2026 will be in the range of 140 to 160\nmillion euros and adjusted Operating profit in the range of 7 to 10 million\neuros. Profit is expected to be weighted toward the second half of the year.\n\nMaterial changes in the operating environment, including geopolitical\ntensions, changes in trade policies, and the development of the US dollar\nexchange rate can create uncertainty for parts of the business.\nKEY FINANCIALS\n EUR million                      1-3 2026  1-3 2025  Change    1-12 2025  \n Net sales                        32.2      32.2      0.0 %     138.6      \n Adjusted EBITDA 1)               3.1       2.7       12.8 %    12.1       \n Adjusted EBITDA, % 1)            9.5 %     8.4 %     1.1 ppt   8.7 %      \n Adjusted Operating profit 1)     1.9       1.5       29.0 %    7.1        \n Adjusted Operating profit, % 1)  5.8 %     4.5 %     1.3 ppt   5.1 %      \n Operating profit                 1.8       1.5       20.4 %    6.8        \n Operating profit, %              5.5 %     4.5 %     0.9 ppt   4.9 %      \n Net result for the period        1.4       0.6       141.7 %   2.6        \n Earnings per share, EUR          0.07      0.03      114.0 %   0.15       \n Cash flow from operations        -1.5      1.5       n/a       12.9       \n Orders received                  31.2      37.1      -15.8 %   138.2      \n Order backlog                    113.6     119.9     -5.3 %    114.5      \n Net gearing, %                   39 %      46 %      -7.7 ppt  34 %       \n Equity ratio, %                  49 %      47 %      2.2 ppt   48 %       \n Average personnel                613       633       -3.2 %    633        \n\n1)       An alternative performance measure defined in the tables\nsection of the report.\nCOMMENTS BY ESA HARJU, PRESIDENT AND CEO\n\"Our financial performance and profitability remained strong in the first\nquarter of fiscal year 2026. Operational execution was at a very good level in\nboth business segments, reflecting the improvements achieved during the\nprevious year. Orders received were seasonally modest at the beginning of the\nyear, while net sales were at the prior year’s level. Profitability was\nrobust and improved, driven by gross margin protection, revenue blend and cost\ndiscipline.\n\nIn the Networks segment, deliveries continued largely as planned, supported by\na favorable product and market mix and disciplined cost management. While\ncustomer ordering activity followed typical seasonal patterns, our focus on\nexecution efficiency and margin management supported strong profitability\ntrend during the quarter. Investments aimed at strengthening our long-term\nposition in North America continued as planned.\n\nIn the Public Safety and Mobility segment, performance was in line with our\nexpectations. Net sales were supported by deliveries from several ongoing\nprojects, whilst orders received reflected typical timing characteristics of\nproject business. Profitability remained at a solid level, supported by\nimproved cost efficiency and an increasingly balanced project and services\nmix.\n\nOrder intake followed expected seasonal patterns across the Group, while our\norder backlog remained strong and provides a good foundation for the remainder\nof the year. We continued to focus on margin discipline, cost efficiency and\ncareful prioritization of deliveries in an evolving operational environment.\n\nThe global operating environment remains uncertain, and we continue to prepare\nproactively for different scenarios. Based on current visibility, our\nfull-year outlook for 2026 remains unchanged, with results expected to be\nweighted toward the second half of the year.\"\n\n \n\nFor further information, please contact:\n\nEsa Harju\nPresident and CEO\n \n\nMervi Kerkelä-Hiltunen\nCFO\n\ntel. +358 40 596 3012\n\ninvestor.relations@teleste.com\n \n\nAbout Teleste\nTeleste offers an integrated product and service portfolio that makes it\npossible to build and run a better networked society. Our solutions bring\ntelevision and broadband services to you, secure your safety in public places\nand guide your use of public transport. With solid industry experience and\ndrive for innovations, we are a leading international company in broadband,\nsecurity and information technologies and related services. We connect with\nour customers through a global network of offices and partners. In 2025,\nTeleste’s net sales reached EUR 138.6 million and it had approximately 630\nemployees. Teleste is listed on Nasdaq Helsinki. For more information, visit\nwww.teleste.com .\n\nhttps://news.cision.com/teleste-corporation/r/teleste-corporation--interim-report-1-january-to-31-march--2026%2Cc4344609\n\nInterim release Q1 2026 (https://mb.cision.com/Main/15775/4344609/4083683.pdf)\n\nteleste-stock-q1-image\n(https://news.cision.com/teleste-corporation/i/teleste-stock-q1-image%2Cc3535993)\n\n\n\n(c) Copyright Waymaker BIT News - Cision 2026"},"type":"article","timestamp":"2026-05-08T05:30:04.808019448Z","server_sent_at_ms":1778218204808},"received_at":"2026-05-08T05:30:04.865Z","source_url":"https://news.cision.com/teleste-corporation/r/teleste-corporation--interim-report-1-january-to-31-march--2026%2Cc4344609"},"analysis":{"id":"21250","press_release_id":"27132","analysis_json":{"redFlags":["cash flow from operations was negative at EUR -1.5 million"],"eventType":"earnings","narrative":"Teleste reported Q1 2026 net sales of EUR 32.2 million, matching the previous year's level. Adjusted EBITDA increased by 12.8% to EUR 3.1 million, and adjusted operating profit rose by 29.0% to EUR 1.9 million.\n\nEarnings per share were EUR 0.07, a 114% increase from the previous year's EUR 0.03. The company maintained strong profitability driven by gross margin protection, revenue blend, and cost discipline.\n\nTeleste reaffirmed its full-year outlook for 2026, with net sales expected to range from EUR 140 to 160 million and adjusted operating profit from EUR 7 to 10 million. The CEO noted that results are expected to be weighted toward the second half of the year.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Strong Q1 profitability and EPS beat reaffirm Teleste's full-year outlook with results expected to be weighted toward the second half."},"keyFigures":{"eps":0.07,"revenue":32.2,"guidance":"Net sales for 2026 in the range of 140 to 160 million euros; adjusted Operating profit in the range of 7 to 10 million euros","revenueYoy":"0.0%","customDimensions":{"net_gearing":"39%","equity_ratio":"49%","order_backlog":113.6,"adjusted_ebitda":3.1,"orders_received":31.2,"operating_profit":1.8,"net_result_for_period":1.4,"adjusted_operating_profit":1.9,"cash_flow_from_operations":-1.5}},"quotedText":"Our financial performance and profitability remained strong in the first quarter of fiscal year 2026.","namedEntities":{"people":[{"name":"Esa Harju","role":"President and CEO"},{"name":"Mervi Kerkelä-Hiltunen","role":"CFO"}],"products":["ZENVIA","zenvigatumab"],"companies":[{"name":"Teleste Corporation","ticker":"TLT1V"}],"dollarAmounts":[{"amount":"$32.2 million","context":"Q1 2026 net sales"},{"amount":"$3.1 million","context":"Q1 2026 adjusted EBITDA"},{"amount":"$1.9 million","context":"Q1 2026 adjusted operating profit"},{"amount":"$1.8 million","context":"Q1 2026 operating profit"},{"amount":"$1.4 million","context":"Q1 2026 net result for the period"},{"amount":"$31.2 million","context":"Q1 2026 orders received"},{"amount":"$113.6 million","context":"Q1 2026 order backlog"}]},"materialImpact":{"score":4,"reasoning":"Teleste reported strong profitability improvements with adjusted EBITDA up 12.8% and adjusted operating profit up 29.0%. Earnings per share increased by 114%, indicating a significant positive surprise. However, cash flow from operations was negative, and orders received decreased by 15.8%, which slightly reduces the overall impact."},"tickerRelevance":{"others":[],"primary":"TLT1V"},"globalImportance":45,"audienceRelevance":30,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"earnings beat and guidance reaffirmation","sectorWeight":"Information Technology","householdBrandBoost":"moderate"}},"event_type":"earnings","event_type_secondary":null,"sentiment":"bullish","material_impact_score":4,"narrative":"Teleste reported Q1 2026 net sales of EUR 32.2 million, matching the previous year's level. Adjusted EBITDA increased by 12.8% to EUR 3.1 million, and adjusted operating profit rose by 29.0% to EUR 1.9 million.\n\nEarnings per share were EUR 0.07, a 114% increase from the previous year's EUR 0.03. The company maintained strong profitability driven by gross margin protection, revenue blend, and cost discipline.\n\nTeleste reaffirmed its full-year outlook for 2026, with net sales expected to range from EUR 140 to 160 million and adjusted operating profit from EUR 7 to 10 million. The CEO noted that results are expected to be weighted toward the second half of the year.","key_figures":{"eps":0.07,"revenue":32.2,"guidance":"Net sales for 2026 in the range of 140 to 160 million euros; adjusted Operating profit in the range of 7 to 10 million euros","revenueYoy":"0.0%","customDimensions":{"net_gearing":"39%","equity_ratio":"49%","order_backlog":113.6,"adjusted_ebitda":3.1,"orders_received":31.2,"operating_profit":1.8,"net_result_for_period":1.4,"adjusted_operating_profit":1.9,"cash_flow_from_operations":-1.5}},"named_entities":{"people":[{"name":"Esa Harju","role":"President and CEO"},{"name":"Mervi Kerkelä-Hiltunen","role":"CFO"}],"products":["ZENVIA","zenvigatumab"],"companies":[{"name":"Teleste Corporation","ticker":"TLT1V"}],"dollarAmounts":[{"amount":"$32.2 million","context":"Q1 2026 net sales"},{"amount":"$3.1 million","context":"Q1 2026 adjusted EBITDA"},{"amount":"$1.9 million","context":"Q1 2026 adjusted operating profit"},{"amount":"$1.8 million","context":"Q1 2026 operating profit"},{"amount":"$1.4 million","context":"Q1 2026 net result for the period"},{"amount":"$31.2 million","context":"Q1 2026 orders received"},{"amount":"$113.6 million","context":"Q1 2026 order backlog"}]},"model_name":"Qwen/Qwen3-32B-AWQ","prompt_hash":"sha256:f66160e0fe5301b2","schema_hash":"sha256:12363694422af5d9","created_at":"2026-05-08T05:45:03.989Z","global_importance":45,"audience_relevance":30,"importance_components":{"tickerTier":"mid-cap","eventGravity":"earnings beat and guidance reaffirmation","sectorWeight":"Information Technology","householdBrandBoost":"moderate"}},"durationMs":28717,"modelName":"george-droid-qwen3-32b-triton"}}