TEN Holdings Q3 Revenue Rises 17.9% to $640K as Net Loss Hits $3.7M
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New York – November 06, 2026 -- TEN Holdings (Nasdaq: XHLD) grew third-quarter revenue 17.9% year over year to $640,000, but a $1.8 million write-off and about $0.5 million in litigation costs widened its net loss to $3.7 million as it shifts from managed services to a SaaS model.
Net loss widens 87.9% on one-time charges
Net loss for the quarter ended September 30, 2026 was $3,734,000, up $1,747,000 from $1,987,000 a year earlier. Loss per share fell to $0.31 from $0.84, because weighted average shares rose to 11,999,366 from 2,359,622. Prior-period per-share figures reflect a 1-for-15 reverse split effective December 1, 2025.