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TOMZ — TOMI Environmental Solutions News Story

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US disinfection tech provider TOMI Environmental Solutions prelim Q3 sales jumps on growth across its businesses

US disinfection tech provider TOMI Environmental Solutions prelim Q3 sales jumps on growth across its businesses


Overview

  • US disinfection tech provider's preliminary Q3 sales rose 27% yr/yr to $2.5 mln

  • Growth was broad-based across product lines, with sequential revenue up four straight quarters

  • Preliminary Q3 gross margin expected to exceed Q2 level


Outlook

  • Company targets $12 mln revenue for 2026 yr, contingent on order fulfillment

  • TOMI has $1.7 mln in orders booked for Q4 2026

  • Company expects Q4 2026 to be profitable and anticipates ongoing profitability


Result Drivers

  • BROAD-BASED GROWTH - Co said sales growth was spread across BIT Solution, mobile equipment, services and automated projects

  • PRODUCT LINE INCREASES - Mobile equipment sales up 107%, services up 77%, automated projects up 330% yr/yr


Company press release: ID:nGNX5wT8ms


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Prelim Sales

Miss

$2.5 mln

$3.01 mln (1 Analyst)


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 $7.00, about 340.3% above its October 7 closing price of $1.59


Reuters Recommended Reads

  • Oct 7 - Applied Digital Q1 revenue more than quadruples as tenant fit-out services increase

  • Oct 7 - AI software firm Banzai International preliminary Q3 revenue rises on platform integration

  • Oct 8 - Portable MRI maker Hyperfine's Q3 prelim revenue beats estimates; FY outlook reaffirmed


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.)

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