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Chronoscale FY26 net loss from continuing operations narrows 32% to 49.3 million; revenue falls 15% to 71.6 million

PUBT·08/19/2026 21:17:56
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Chronoscale FY26 net loss from continuing operations narrows 32% to 49.3 million; revenue falls 15% to 71.6 million
  • Chronoscale posted revenue of $71.6 million, down 15% year over year, while operating loss narrowed 32% to $37.5 million.
  • Net loss from continuing operations improved to $49.3 million from lower costs, while interest expense, net fell 45% to $9.6 million.
  • Net loss totaled $50.3 million, including a $1 million loss from discontinued operations tied to Legacy Ekso, which is held for sale.
  • Board committed to divest Legacy Ekso and focus on the cloud business, targeting completion during fiscal 2027.
  • Subsequent to year-end, it entered a two-year Microsoft partnership for about 50 megawatts of AI compute capacity, with completion projected in Q1 2027.


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. Chronoscale Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-058018), on August 19, 2026, and is solely responsible for the information contained therein.