Loop Industries reports Q2 revenue of USD 117,000
Loop Industries reported Q2 net income of USD -2.988 million.
Story updates
08:32:04 PM UTC
SquawkNews
Loop reported Q2 FY27 net loss of $2.99M on $117K revenue and said its planned India facility has been rescaled to 45 KTA to reduce capital needs. Liquidity was $1.9M at Aug 31, 2026.Material DetailsContext by AI AnalystLoop remains in early commercialization with minimal revenue and a focus on cos…
08:33:53 PM UTC
SquawkNews
BRIEF – Loop Industries Q2 Revenue USD 117 Thousand
08:53:29 PM UTC
SquawkNews
Loop reported second-quarter fiscal 2027 results with total revenues of $117 thousand and a net loss of $2.99 million for the three-month period ended August 31, 2026. Cash and cash equivalents were $836 thousand at period end and total available liquidity was $1.9 million. The company also announc…