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Otovo Q3 2026 adjusted EBITDA loss narrows to USD 3.2 million from Q2

PUBT·11/12/2026 15:06:11
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Otovo Q3 2026 adjusted EBITDA loss narrows to USD 3.2 million from Q2
  • Otovo's Q3 2026 adjusted EBITDA loss narrowed from Q2 to USD 3.2 million; adjusted EBITDA reached positive territory in September.
  • Adjusted operating expenses fell 26% from Q2 to USD 5.6 million as Endurance automated work previously handled through software and manual processes.
  • October service work orders climbed 29% from September to 4,049, sustaining Field Services momentum into Q4.
  • The 2027 Field Services target includes adjusted EBITDA of approximately USD 36 million, with operating expenses expected to decline further in Q4 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Otovo ASA published the original content used to generate this news brief via Business Wire (Ref. ID: 202611121000BIZWIRE_USPR_____20261112_BW577568) on November 12, 2026, and is solely responsible for the information contained therein.