ZW Data Action Technologies Inc. 1Q 2026: Revenue $383K, EPS $0.04— 10-Q Summary

ZW Data Action Technologies Inc. reported first-quarter 2026 results showing revenue of $383K and diluted EPS of $0.04, as the company returned to profitability with net income of $126K versus a loss in the year-ago quarter — 10-Q Summary.Financial HighlightsMetricCurrent quarterPrior year quarterYoY changeRevenue¹$383K$1.65M(76.8%)Net income²$126K($531K)123.7%Diluted EPS³$0.04($0.23)117.4%¹ Reported as “Revenues”. ² Reported as “Net income/(loss) attributable to ZW Data Action Technologies Inc.”. ³ Reported as “Earnings/(loss) per share”.Business HighlightsTotal revenue fell to $0.38M in Q1 2026 from $1.65M a year earlier, driven by weaker demand for core services.Management shifted distribution away from mainland China search channels toward higher‑margin influencer and overseas digital channels.Company expanded into AI services and IP licensing following the Rahula acquisition; AI and IP now contribute to the revenue mix.Cost reductions, reversal of credit allowances and lower G&A helped turn an operating loss into operating income in the quarter.Completed the Rahula IP acquisition and made smaller strategic equity investments (Titans, with Modest pending) to support marketing, blockchain and tokenization capabilities.Original SEC Filing: ZW Data Action Technologies Inc. [ CNET ] - 10-Q - May. 15, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.