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Inscape Corporation Will Host a Teleconference Call to Review the Fourth Quarter and Full Year 2021 Financial Results

Inscape Corporation Will Host a Teleconference Call to Review the Fourth Quarter and Full Year 2021 Financial Results
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Jon szczurEric ehgoetzInscape corporationChief executive officerChief financial officerReservation numberஎரிக் எஹகோேத்ஜதலைமை நிர்வாகி அதிகாரிதலைமை நிதி அதிகாரிமுன்பதிவு எண்

Inscape Announces Third Quarter Fiscal 2021 Financial Results

Inscape Announces Third Quarter Fiscal 2021 Financial Results March 04, 2021 18:39 ET | Source: Inscape Corporation Inscape Corporation Holland Landing, Ontario, CANADA HOLLAND LANDING, Ontario, March 04, 2021 (GLOBE NEWSWIRE) Inscape (TSX: INQ), a leading designer and manufacturer of furnishings for the workplace, today announced its results of operations for the three and nine months ended January 31, 2021. “Third Quarter Fiscal Year 2021 represented our highest quarterly revenue to date in this fiscal year while in the midst of the COVID-19 pandemic,” said Eric Ehgoetz, CEO. “Management worked tirelessly during the quarter to position the business with an appropriate foundation for growth and profitability once the economy moves to a post-pandemic environment. Despite reporting a nine month year to date net loss of $1.4 million, we would note that, this includes $1.4 million of inventory write-downs during the fisc

United statesJon szczurEric ehgoetzCompany ontario securities commissionInscape corporationQuarter fiscal yearInterim condensed consolidated financial resultsMonths ended januaryReservation numberQuarter fiscalNorth americaOntario securities commissionToronto stock exchange inqஒன்றுபட்டது மாநிலங்களில்எரிக் எஹகோேத்ஜநிறுவனம் ஆஂடேரியொ பத்திரங்கள் தரகு

Inscape Corporation Will Host a Teleconference Call to Review the Third Quarter Fiscal 2021 Financial Results

Inscape Corporation Will Host a Teleconference Call to Review the Third Quarter Fiscal 2021 Financial Results
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Inscape Announces Second Quarter Fiscal 2021 Financial Results

in early 2021. Total sales for the second quarter of fiscal 2021 were $7.2 million, compared to $23.3 million for the same period of fiscal 2020. Net loss for the second quarter of fiscal 2021 was $3.7 million or negative $0.26 per diluted share, compared to net income of $0.4 million or positive $0.03 per diluted share for fiscal 2020. Non-GAAP EBITDA for the second quarter was negative $2.7 million, compared to positive $1.2 million, for fiscal 2020. Total sales for the six months ended October 31, 2020 were $18.5 million, compared to $44.0 million for the same period of fiscal 2020. Net loss for the six month periods ended October 31, 2020 and 2019 were $0.4 million or negative $0.02 per diluted share for both years. Non-GAAP EBITDA for the six months ended October 31, 2020 was $1.7 million, compared to $1.4 million for fiscal 2020.

United statesJon szczurBart bullEric ehgoetzBachelor of business administrationPenderfund capital management ltdCompany ontario securities commissionInscape corporationSimon fraser universityBoard memberPenderfund capitalQuarter fiscal yearAria prontoInterim condensed consolidated financial resultsMonths ended octoberTracy tidy