Parabolic Posts Record $4.7M Preliminary Q3 Revenue, Up 106% Sequentially
PARA sits 32% above its 52-week low of $0.51 on light trading volume (0.3× avg).
Summary
Parabolic (Banzai International) announced preliminary Q3 2026 revenue of approximately $4.7 million, a 106% sequential jump from $2.3 million in Q2 and 65% higher than $2.8 million a year ago. This is the first quarter to include contributions from the ConnectAndSell acquisition, which closed earlier this year. The company also cited a $9.3 million cost savings measure as strengthening its path to profitability. Full Q3 results are due November 16, 2026. The revenue figure is unaudited and subject to quarter-end closing adjustments.
At the time of this announcement, PARA was trading at $0.67 on NASDAQ in the Technology sector, with a market capitalization of approximately $3M. The 52-week trading range was $0.51 to $79.60. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.