This is a paid press release. Contact the press release distributor directly with any inquiries.
STRACON Group Reports Second Quarter 2026 <a href="https://bitcomme.com/techprecision-corporation-reports-fiscal-year-2027-first-quarter-financial-results/" title="TechPrecision Corporation Reports Fiscal Year 2027 First Quarter Financial Results“>Financial Results
STRACON reports second quarter 2026 revenue of US$208.3 million, up 6.5%, with gross profit up 23.0% and profit of US$3.4 million; the Pérez Caldera infrastructure project advances into construction
Toronto, Ontario–(Newsfile Corp. – August 14, 2026) – STRACON Group Holding Inc. (TSX: STG) (BVL: STG) (“STRACON” or the “Company”) today reported its financial results for the three-month and six-month periods ended June 30, 2026. The Company’s unaudited interim condensed consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) are available under the Company’s profile on SEDAR+ at www.sedarplus.ca.
Second Quarter 2026 Highlights
-
Revenue of US$208.3 million,an increase of 6.5% over the second quarter of 2025.
-
Gross profit of US$24.0 million,an increase of 23.0% over the second quarter of 2025.
-
Profit of US$3.4 million,compared with a loss of US$1.5 million in the second quarter of 2025.
|
In thousands of US dollars (unless noted) |
|||
|
STATEMENT OF PROFIT AND LOSS AND COMPREHENSIVE INCOME |
|||
|
Revenue from contracts with customers |
|||
|
Basic and diluted earnings per share |
|||
|
NON-IFRS AND OTHER FINANCIAL MEASURES(1) |
|||
|
Adjusted EBITDA (excluding intersegment EPC Contract Pérez Caldera margin) |
|||
|
Adjusted EBITDA Margin (excluding intersegment EPC Contract Pérez Caldera margin)(2) |
|||
|
Adjusted Revenue (excluding intersegment EPC Contract Pérez Caldera) |
|||
|
Net cash and cash equivalents and restricted cash provided by operating activities |
