EL7.AI
StocksMedium•10 November 2026•
1 min read

Seer Slashes 2026 Revenue Guidance Following Q3 Sales Decline

Key Facts

1Seer reported Q3 revenue of $4.0 million, representing a 3% year-over-year decline.
2Seer lowered its full-year 2026 revenue guidance to $13.5M-$14.5M due to funding pressures.
3Mobile Infrastructure reported a 16% increase in Revenue Per Available Parking Space (RevPAS).

Seer reported Q3 2026 revenue of $4.0 million, representing a 3% decline compared to the same period last year. The company stated in a press release that it has lowered its full-year 2026 revenue guidance to a range of $13.5 million to $14.5 million, down from the previous forecast of $16 million to $18 million. Seer attributed the revision to extended sales cycles resulting from academic and government funding pressures.

SEER closed at $1.68 on November 9, 2026, while Mobile Infrastructure reported a 16% increase in Revenue Per Available Parking Space (RevPAS). BEEP closed at $2.37 on November 9, 2026, driven by improved utilization and contract volumes. Seer reported a net loss of $13.7 million for the third quarter, compared to a net loss of $18.2 million in the prior-year period.