D2L FY27 Q2 turns to net loss of US$3.1 million; revenue rises 1.5% to US$55.57 million

• D2L posted Q2 fiscal 2027 net loss of US$3.06 million, swinging from profit, on a US$4.82 million non-cash fair-value hit.
• Revenue edged up 1.5% to US$55.57 million, as growth was offset by previously disclosed U.S. K-12 churn.
• Adjusted EBITDA fell 14.1% to US$6.45 million; margin narrowed 2.1 percentage points to 11.6%.
• ARR rose 5.1% to US$223.4 million; D2L Lumi surpassed US$5 million of ARR during the quarter.
• FY2027 total revenue outlook cut to US$228 million-US$231 million; adjusted EBITDA maintained at US$33 million-US$35 million.

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. D2L Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202609091705CANADANWCANADAPR_C1276) on September 09, 2026, and is solely responsible for the information contained therein.