SideChannel Sales Fall 4% in Q3
SideChannel (OTC:SDCH), a cybersecurity solutions provider focused on software and advisory services for mid-market and regulated enterprises, posted its fiscal third-quarter results on Aug. 13, 2025. GAAP revenue was $1.78 million, a 3.8% decline compared to the prior year. This was below the consensus GAAP estimate of $2.013 million. Gross margin decreased to 47.0% from 48.9% a year earlier, and Net loss (GAAP) widened to $0.26 million. While management pointed to ongoing adoption of its Enclave platform among Department of Defense clients, the quarter was marked by weaker retention metrics, Operating expenses increased 4.5% compared to the prior-year period, and persistent net losses, suggesting SideChannel remains in a transitional phase.
Source: SideChannel. Note: Analysts' consensus estimates provided by FactSet.
SideChannel helps organizations manage cyber risk by combining its proprietary software and advisory offerings. RealCISO is a software platform that helps companies understand and manage cyber risk. The company also provides services such as vCISO (virtual Chief Information Security Officer), risk assessments, and compliance support, with a focus on regulated sectors like healthcare, energy, and government.
Source Fool.com