Key Highlights

  • Parabolic (NASDAQ:PARA) traded at USD 3.80, down 13.24%, in pre-market trading on Wednesday, October 28, 2026. No company announcement dated that day or the day before was identified, and the latest release is dated Wednesday, October 7, 2026.
  • That release estimated third quarter 2026 revenue at about USD 4.7 million, up 106% from USD 2.3 million in the second quarter and up 65% from USD 2.8 million a year earlier.
  • A release of Wednesday, September 30, 2026 reported integration actions expected to yield about USD 9.3 million of annualised savings. Full third quarter results are due on Monday, November 16, 2026.
  • The company reported a second quarter net loss of USD 5.0 million. Pre-market prices are thin and can change before the 9:30 a.m. ET open.

Pre-Market Move and Its Trigger

Parabolic (NASDAQ:PARA) is the trading name of Banzai International, Inc., a marketing and sales technology company that plans to adopt the name Parabolic Technologies, Inc. once shareholders approve it. Its USD 3.80 pre-market price, down 13.24%, appeared on Wednesday, October 28, 2026. No company-specific announcement dated on or just before that day accompanied the move. The latest item was the company's release of Wednesday, October 7, 2026, which gave a preliminary third quarter revenue figure that the company called a record. The decline looks consistent with continued selling after a run of falls on earlier announcement days and with thin pre-market trading. Prices can change before the 9:30 a.m. ET open.

How the Latest Results Frame the Move

Revenue of USD 2.3 million for the second quarter, a drop of 15.7% from the first quarter, came with an 80.2% gross margin, according to the release of Friday, August 14, 2026. The company lost USD 5.0 million, compared with USD 8.4 million in the first quarter, and the adjusted EBITDA loss was USD 1.7 million on operating expenses of USD 6.2 million. Stockholders' equity was USD 12.2 million, and net debt has come down by USD 3.8 million since December 31, 2025. Management's projections of USD 17 million of revenue for 2026 and USD 26 million for 2027 follow the ConnectAndSell asset acquisition, which carried USD 14.7 million of 2025 revenue. The preliminary third quarter figure is unaudited and subject to quarter-end closing procedures.

Risks and Signals to Track

Bulls note that the preliminary quarter shows the first full contribution from ConnectAndSell, that gross margin tops 80% and that cost actions should shrink the expense base. Bears note a quarterly net loss of USD 5.0 million, no projected path to operating income excluding non-cash items until Q2 2027 and the chance that preliminary figures change. Risks named include dilution to fund losses, integration of acquired businesses, liquidity and the pending name change. Dates to follow: the Federal Reserve decision due later on Wednesday, October 28, 2026, full third quarter results after the close on Monday, November 16, 2026 and the shareholder vote on the new name.

Where Things Stand

In short, Parabolic (NASDAQ:PARA) dropped 13.24% pre-market on Wednesday, October 28, 2026 with no fresh announcement, consistent with continued selling and thin trading after the preliminary quarter of Wednesday, October 7, 2026. Headline figure: preliminary third quarter revenue of about USD 4.7 million, compared with USD 2.3 million in the second quarter. Catalysts ahead include the Federal Reserve decision due later on Wednesday, October 28, 2026 and the full results on Monday, November 16, 2026. Pre-market prices are snapshots that can change, and this is not investment advice.