Turnium Technology on Monday said it expects preliminary fiscal third-quarter revenue of C$7.2M to C$7.4M, in line with its guidance and near analysts’ estimate of C$7.3M. – The company expects an adjusted EBITDA loss of C$1.2M to C$1.4M, narrower than analysts’ estimate of a…
1.9M loss, says the company. – Forecasts fourth-quarter revenue of C$8M to C$8.5M, compared with analysts’ estimate of C$8.1M, according to the company. – Turnium said it also launched a cost optimization program targeting annualized operating expense reductions of up to C$4.1M. More on Turnium Technology Group