Baylin Q2 FY26 turns to net loss of C$3.2 million; revenue slips to C$22 million

Reuters2026/08/05 23:12

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Baylin Technologies posted Q2 revenue of CAD 22 million, down 2.22% from a year earlier, on softer Satcom conditions.
Net results swung to a loss of CAD 3.2 million, or CAD 0.03 per share, from a profit of CAD 1 million, or CAD 0.01 per share.
Gross margin rose 0.8 percentage points to 47.1%, helped by CAD 1.3 million of IEEPA tariff refunds recognized in cost of sales.
Backlog more than doubled to CAD 61 million, driven by the Kaelus acquisition and higher Satcom order intake.
Leighton Carroll said Baylin is focused on converting the record backlog into revenue and earnings while integrating Kaelus.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baylin Technologies Inc. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Baylin Q2 FY26 turns to net loss of C$3.2 million; revenue slips to C$22 million

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