Telescope Innovations Corp. reported earnings results for the second quarter and six months ended February 29, 2024. For the second quarter, the company reported sales was CAD 0.686205 million compared to CAD 0.816328 million a year ago. Net loss was CAD 0.541213 million compared to net income of CAD 0.011314 million a year ago. Basic loss per share from continuing operations was CAD 0.01.
For the six months, sales was CAD 2.19 million compared to CAD 1.33 million a year ago. Net loss was CAD 0.326214 million compared to CAD 0.258921 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago.