TOMI Environmental Posts Q2 Results After Reverse Split and Merger Deal
TOMZ sits 40% above its 52-week low of $1.39.
Summary
TOMI Environmental Solutions reported official second-quarter 2026 financial results. The company had previously guided to preliminary Q2 revenue of approximately $2.3 million, up 124% year-over-year, but this release provides the full income statement and balance sheet. The results land amid a 1-for-3 reverse stock split effective July 20 and a pending reverse merger with Carbonium Core. Traders will focus on whether the final numbers confirm the preliminary revenue and whether the net loss narrowed or widened versus Q1. The company remains under Nasdaq delisting pressure, so any improvement in stockholders' equity or cash position is material.
At the time of this announcement, TOMZ was trading at $1.95 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $15.2M. The 52-week trading range was $1.39 to $3.42. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.