Welcome to our dedicated page for ELAUWIT CONNECTION news (Ticker: ELWT), a resource for investors and traders seeking the latest updates and insights on ELAUWIT CONNECTION stock.
Elauwit Connection, Inc. reports developments in managed broadband and property-wide WiFi networks for rental communities, including multifamily, student housing and senior living properties. The company designs, builds, operates and supports networks for property owners, with resident activation, customer support, monitoring and maintenance tied to contracted units and recurring service revenue.
Company news commonly covers new construction deployments, property-owner relationships, technology platforms such as Wi-Fi 6 access points and centralized network management, financial results, billed-unit growth, investor and industry conference activity, leadership changes and accounting updates related to revenue recognition.
Elauwit Connection (NASDAQ: ELWT) reported Q1 2026 revenue of $4.4 million, down 19% year-over-year, with a net loss of $2.2 million. Gross profit was $0.8 million and operating expenses were $3.0 million.
Contracted units rose 29%, billed units 115%, and backlog reached $38.1 million. The new sales team has secured ~40 verbal awards totaling over 11,000 units. Cash was $3.5 million and total debt $1.9 million as of March 31, 2026.
Elauwit Connection (NASDAQ: ELWT) plans to release its first quarter 2026 financial results on Thursday, May 14, 2026, before the market opens.
Management will host a live webcast conference call at 8:00 a.m. Eastern Time to review results and discuss strategic business updates.
Elauwit Connection (NASDAQ: ELWT) expanded its partnership with Thompson Thrift to deploy Cambium Networks ONE Network across new-construction multifamily communities. The rollout covers 4500+ units across 15+ communities in Florida, Georgia, Indiana, Colorado and growing, using Wi‑Fi 6 APs, fiber distribution switches and cnMaestro centralized management to deliver managed, on-schedule resident connectivity.
Elauwit integrates into construction workflows to align activations with certificate-of-occupancy schedules, aiming to provide consistent resident experience, simplified operations, and scalable infrastructure across Villas, Classic, and Metro product lines.
Elauwit Connection (NASDAQ: ELWT) appointed James Di Bartolo as Chief Financial Officer, effective April 2, 2026. The company also confirmed the departure of prior CFO Sean Arnette effective the same date. Di Bartolo's background includes roles at Goldman Sachs, Barclays, Lazard Frères and Varadero Capital.
The move follows Elauwit's recent IPO and is positioned to leverage Di Bartolo's capital markets and structured investing experience to support the company's growth in multifamily and student housing broadband services.
Elauwit Connection (NASDAQ: ELWT) reported strong growth for full year 2025 with total revenue up 154% year‑over‑year and recurring service revenue up 151% year‑over‑year. Contracted units rose to 34,067, activated units to 22,255, and billed units to 16,445. Cash totaled $6.2M and related party debt was $2.0M.
The company launched a new sales team in Q1 2026 targeting up to 12 million units and identified ~8,000 units of bidding opportunity in early 2026.
Elauwit Connection (NASDAQ: ELWT) announced a broad 2026 events program focused on turnkey broadband and property-wide WiFi for multifamily, student housing, and senior living communities. Taylor Jones, President & CTO, is a featured speaker at multiple national and regional conferences through December 2026.
The company will exhibit and attend industry shows to engage owners, developers, and operators about resident-focused connectivity that supports retention and asset value.
Elauwit Connection (NASDAQ: ELWT) will release its fourth quarter and full year 2025 results on March 31, 2026 before market open and will host a live webcast conference call at 10:30 a.m. ET to discuss the results and strategic plans.
Investors can access the live webcast, call details, and replay via Elauwit's investor relations website; a telephone dial-in is provided for audio-only participation.
Elauwit Connection (NASDAQ: ELWT) announced that President & CTO Taylor Jones will speak at the IMN Middle-Market Multifamily Forum on March 23-24, 2026 in Coral Gables.
Jones will join a panel on resident-facing technology and discuss ROI of managed property-wide WiFi, smart-building integration, and which PropTech investments drive NOI and retention.
Elauwit (NASDAQ: ELWT) announced management will participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference on March 10-11, 2026.
Executive Chairman Dan McDonough, Jr. will present at 11:30 a.m. ET on March 10, with one-on-one investor meetings scheduled for March 11 and a webcast available on the company website.
Elauwit Connection (NASDAQ: ELWT) will amend and restate its Form 10-Q for the quarter ended September 30, 2025 due to an error in revenue recognition under the percentage-of-completion method.
The company estimates revenue, gross profit, operating income (loss) and net loss were overstated by approximately $1.4 million through the nine months ended September 30, 2025. The Audit Committee approved the restatement and the Company says ongoing operations and growth plans are not affected.