Intelligent Protection Management reports smaller-than-expected Q1 loss and revenue beat, with adjusted EBITDA improving year-over-year.
Intelligent Protection Management posted a Q1 GAAP loss of $0.05 per share, narrower than the expected loss by $0.02. Revenue reached $6.35 million, surpassing estimates by $0.13 million.
Adjusted EBITDA for the quarter ended March 31, 2026, was negative $0.2 million, an improvement from negative $0.5 million in the same period last year. The results reflect better-than-anticipated financial performance amid ongoing cost management.
No immediate market reaction was disclosed in the release.