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OpenWorld projects Q3 2026 revenue of $6.9-$7.2M with $10M net loss, appoints Gerard Hernandez as CFO

Company Fundamentals
26 Oct 2026, 23:30 WIB
GlobeNewsWire
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Bullish
OpenWorld projects Q3 2026 revenue of $6.9-$7.2M with $10M net loss, appoints Gerard Hernandez as CFO

OpenWorld, Inc. announced preliminary Q3 2026 financial results, expecting revenue between $6.9 million and $7.2 million with a gross margin of 80%-82%. The company reported a net loss of approximately $10 million, largely due to non-recurring stock-based compensation and merger-related fees, but an adjusted EBITDA of $1.7 million to $2.0 million, indicating operational progress. Additionally, Gerard Hernandez has been appointed as the new Chief Financial Officer to oversee finance and investor relations as OpenWorld transitions post-merger. The company plans to release full Q3 results on November 12, 2026.

OpenWorld's preliminary Q3 2026 financial results were announced as of Oct 27, 2026 02:51 WIB. For readers following the Technology sector, here is Pluang's market snapshot as of that time: out of 150 priced US Technology stocks, 81 rose and 65 fell. Notable movers include TXN at USD 297.96 with a 1-day change of +4.66%, FSLY at USD 25.50 with a 1-day change of +4.47%, and ADI at USD 408.25 with a 1-day change of +4.39%.

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