Telescope Innovations Corp. reported earnings results for the third quarter and nine months ended May 31, 2024. For the third quarter, the company reported sales was CAD 1.22 million compared to CAD 1.01 million a year ago. Net loss was CAD 0.200299 million compared to net income of CAD 0.067847 million a year ago.
For the nine months, sales was CAD 3.42 million compared to CAD 2.34 million a year ago. Net loss was CAD 0.526513 million compared to CAD 0.191074 million a year ago. Basic loss per share from continuing operations was CAD 0.01. Diluted loss per share from continuing operations was CAD 0.01.