Turnium FY26 Q3 adjusted EBITDA loss narrows to C$1.2 million-C$1.4 million; revenue rises 13.4% quarter-over-quarter to C$7.2 million-C$7.4 million

Reuters2026/07/27 11:32

By:Reuters

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Turnium posted preliminary fiscal Q3 2026 revenue of CAD 7.2 million–CAD 7.4 million, up 13.4% at the midpoint from the prior quarter.
Gross margin rose to CAD 2.4 million–CAD 2.6 million, up 15.5% at the midpoint from the prior quarter.
Non-IFRS adjusted EBITDA loss narrowed to CAD 1.2 million–CAD 1.4 million from CAD 2.2 million in the prior quarter.
Launched a group-wide cost optimization program targeting CAD 3.6 million–CAD 4.1 million in annualized operating expense reductions once fully implemented.
Guided fiscal Q4 revenue of CAD 8 million–CAD 8.5 million, projecting gross margin of 33%–38%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Turnium Technology Group Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607270730NEWSFILECNPR____20260727_306619_1) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Turnium FY26 Q3 adjusted EBITDA loss narrows to C$1.2 million-C$1.4 million; revenue rises 13.4% quarter-over-quarter to C$7.2 million-C$7.4 million

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