Datavault Q1 Revenue Soars 443% – CEO Touts Rising Institutional Tokenization Demand

Datavault AI Inc. (DVLT) on Friday reported a 443% surge in its first quarter (Q1) revenue, but missed Wall Street expectations by a wide margin.

Datavault reported adjusted loss per share of $0.09 in Q1, compared to a loss of $0.18 per share during the same period a year ago. Revenue soared to $3.4 million during Q1, from $0.63 million during the year-ago period.

Wall Street expected Nebius to report a loss of $0.08 per share on revenue of $20 million, according to Fiscal.ai data.

“Our signing of approximately $750 million in tokenization contracts during the first quarter validates the growing institutional demand for a secure, AI-enabled RWA monetization platform,” said Datavault AI CEO Nathaniel Bradley.

Datavault shares were down nearly 11% in Friday’s pre-market trade.

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