Overview
Company posted Q1 net loss of $0.04 per share, with operating expenses down 15%
US disinfection tech firm's Q1 revenue up 5% yr/yr, driven by equipment and CES sales
TOMI signed non-binding LOI to merge with Carbonium Core, a nuclear-grade graphite producer
Outlook
Company aims to advance proposed merger with Carbonium Core, Inc. toward definitive agreements
TOMI targets recurring revenue growth through increased BIT Solution sales and expanded service contracts
Company plans to convert $4.3 mln integration pipeline into recognized revenue
Result Drivers
GROSS MARGIN PRESSURE - Gross margin declined due to strategic price discounts and an unfavorable product mix shift toward lower-margin equipment sales
EQUIPMENT AND CES SALES - Q1 revenue growth was driven by higher equipment and Custom Engineered System sales
APPLICATOR SALES SURGE - Applicator sales in Q1 2026 exceeded total full-year 2025 applicator sales, up 139% yr/yr, reflecting growing adoption of the consumable model and expanding customer base
Company press release: ID:nGNX9MSh16
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-$0.04
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the environmental services & equipment peer group is "buy"
Wall Street's median 12-month price target for TOMI Environmental Solutions Inc is $3.50, about 393.7% above its May 7 closing price of $0.71
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)