Management Commentary
"We are pleased with the 15% top line revenue growth the Company reported for the first three months of 2026," said Virgilio Torres, Chief Executive Officer of TEN Holdings. "This increase demonstrates that the investments we made in the business last year to create a stronger foundation for successful operations, platforms, and strategic acquisitions started to produce positive sales growth results.
"Our 37.6% reduction of our quarterly net loss is a direct result of these improved operations, which allowed us to slash SG&A expenses by nearly a third over first quarter of 2025.
"During the first quarter of 2026, we also completed a key SOC 2 examination for Broadcast Media Production and Distribution Services Systems. This achievement will help support our provision of high-stakes corporate events including town halls, investor days, executive communications, and regulated broadcasts, where reliability, security, and operational discipline are essential.
"Throughout the balance of 2026, we will focus on leveraging last year's partnership with Webinar.net to strengthen our technology ecosystem. This relationship reflects the major cornerstone of our business plan to use best-in-class technologies to deliver scalable, enterprise-grade solutions for our customers.
"We are confident that the initiatives we completed in the last fiscal year, including strengthening strategic partnerships, advancing platform capabilities, enhancing enterprise security, expanding the customer base, and establishing a presence in the public capital markets, have positioned our business to pursue growth opportunities, increase market penetration, and, most importantly, continue to achieve the ...
