Loop Industries, Inc.

LOOP

US5435181046

Commodity Chemicals

Market Closed - Nasdaq Other stock markets 04:30:00 2024-04-26 pm EDT			5-day change	1st Jan Change
2.84 ^USD	+0.71%		+10.08%	-24.87%

Jan. 24	Loop Industries, Inc. and Bormioli Pharma Unveil an Innovative Pharmaceutical Packaging Bottle Manufactured with 100% Recycled Virgin Quality Loop PET Resin at Pharmapack 2024	CI
Jan. 17	Transcript : Loop Industries, Inc., Q3 2024 Earnings Call, Jan 17, 2024

Loop Industries, Inc. Reports Earnings Results for the First Quarter Ended May 31, 2023

July 12, 2023 at 04:07 pm EDT

Loop Industries, Inc. reported earnings results for the first quarter ended May 31, 2023. For the first quarter, the company reported sales was USD 0.027 million. Net loss was USD 7 million compared to USD 18.01 million a year ago.

Basic loss per share from continuing operations was USD 0.15 compared to USD 0.38 a year ago.

Latest news about Loop Industries, Inc.

Loop Industries, Inc. and Bormioli Pharma Unveil an Innovative Pharmaceutical Packaging Bottle Manufactured with 100% Recycled Virgin Quality Loop PET Resin at Pharmapack 2024	Jan. 24	CI
Transcript : Loop Industries, Inc., Q3 2024 Earnings Call, Jan 17, 2024	Jan. 17
Loop Industries, Inc. Signs Non-Binding Memorandum of Understanding with Reed Management	Jan. 17	CI
Loop Industries Signs MOU with Reed Management on European Venture, Financing	Jan. 16	MT
Earnings Flash (LOOP) LOOP INDUSTRIES Reports Q3 Revenue $26,000	Jan. 16	MT
Loop Industries, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended November 30, 2023	Jan. 16	CI
Loop Industries, Inc. Announces Its Loop Branded Pet Resin Is Compliant for Pharmaceutical Industry Packaging Applications	Dec. 13	CI
SK Geo Centric Commences Building Plastics Recycling Facility	Nov. 16	MT
Transcript : Loop Industries, Inc., Q2 2024 Earnings Call, Oct 16, 2023	23-10-16
Loop Industries, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended August 31, 2023	23-10-16	CI
Loop Industries, Inc.(NasdaqGM:LOOP) dropped from S&P Global BMI Index	23-09-18	CI
Transcript : Loop Industries, Inc., Q1 2024 Earnings Call, Jul 13, 2023	23-07-13
Earnings Flash (LOOP) LOOP INDUSTRIES Posts Q1 Revenue $27,000	23-07-12	MT
Loop Industries, Inc. Reports Earnings Results for the First Quarter Ended May 31, 2023	23-07-12	CI
Transcript : Loop Industries, Inc., Q4 2023 Earnings Call, May 19, 2023	23-05-19
Earnings Flash (LOOP) LOOP INDUSTRIES Posts Q4 Revenue $12,487	23-05-18	MT
Loop Industries, Inc. Reports Earnings Results for the Full Year Ended February 28, 2023	23-05-18	CI
Loop Industries, On AG Sign Letter of Intent to Manufacture Footwear, Apparel Through Recycled Materials in South Korea	23-05-15	MT
Loop Industries, Inc. Announces Signed Letter of Intent with On AG to Secure Volumes from Planned Infinite Loop(TM) Manufacturing Facility in Ulsan, South Korea	23-05-15	CI
SK Geocentric to Build Waste Recycling Factory in South Korea with Canada's Loop Industries	23-05-03	MT
Loop Industries, SK Geo Centric Sign Joint Venture Deal to Bring Loop Tech to Asia	23-05-02	MT
Loop Industries, Inc. and SK Geo Centric Co. Ltd. Sign Joint Venture Agreement to Commercialize Loop's Technology in the Asian Market	23-05-02	CI
Loop Industries Names Fady Mansour Chief Financial Officer	23-04-04	MT
Loop Industries, Inc. Appoints Fady Mansour as Principal Accounting Officer and Principal Financial Officer, Effective April 17, 2023	23-04-04	CI
Loop Industries Appoints New Chief Financial Officer Effective April 17th, 2023	23-04-04	CI

Chart Loop Industries, Inc.

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Company Profile

Loop Industries, Inc. is a Canada-based clean technology company. The Company owns patented and proprietary technology that depolymerizes noand low-value waste polyethylene terephthalate (PET) plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling its customers to meet their sustainability objectives. Its Infinite Loop provides an end-to-end industrial solution to supply the global demand for Loop PET resin made from recycled content. Loop PET plastic and polyester fiber can be recycled infinitely. The Company reduces plastic waste and recovering waste plastic.

Sector

Commodity Chemicals

Calendar

2024-05-06 - Q4 2024 Earnings Release (Projected)

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Ratings for Loop Industries, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.84 USD

Average target price

6.65 USD

Spread / Average Target

+134.15%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

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