Weebit Nano (ASX:WBT) said it held a cash balance of AU$167 million as of June 30, according to a Friday Australian bourse filing.
Over the quarter, the company upgraded its revenue guidance to AU$13.5 million for fiscal 2026 and expanded licensing agreements with key customers to include additional technologies and products.
The company's shares rose past 6% in recent Friday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.