US EditionPublished • loading... • Updated
OpenText Reports Second Quarter Fiscal Year 2026 Financial Results
Ispire cut operating expenses by $4.8 million and reduced net loss to $6.6 million amid a strategic shift toward higher-quality customers and technology adoption.
- On Feb. 6, 2026, Ispire Technology Inc. announced its fiscal second-quarter 2026 results, with revenue of $20.3 million and a net loss of $6.6 million, reflecting the company's strategic shift. The company said it maintained focus on high-quality revenue and reduced net accounts receivable to $37.9 million.
- After a strategic shift away from lower-quality cannabis customers, collections cut net accounts receivable by 19.5% to $37.9 million and cost controls reduced expenses, the Company said.
- The company's operating expenses decreased to $10.3 million from $15.1 million, with gross profit of $3.5 million and net loss per share of $0.12, according to the report.
- On the technology front, Ispire and its IKE joint venture are working with regulators and see FDA age‑gating expectations as a tailwind for its proprietary G‑Mesh technology, the company said.
- Investors can access the webcast and replay of Ispire's conference call on February 6, 2026, available until February 20, 2026, with passcode 13758138.
Insights by Ground AI
13 Articles
13 Articles
Canopy Growth Reports Third Quarter Fiscal 2026 Financial Results
SMITHS FALLS, Ontario -- Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announced its financial results for the three months ended December 31, 2025 ("Q3 FY2026"). All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.
·Canada
Read Full Article
FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb 5, 2026-
The Record+3 Reposted by 3 other sources
OpenText reports US$168M in Q2 profit, down 27 per cent from the previous year
WATERLOO - OpenText Corp. says net income was US$168 million during its second quarter, down 27 per cent from the same period a year earlier, when it brought in US$230 million.
·Waterloo, Canada
Read Full ArticleCoverage Details
Total News Sources13
Leaning Left4Leaning Right1Center3Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 38%
12%
Factuality
To view factuality data please Upgrade to Premium
