Velan's Fiscal Q2 Adjusted Net Loss Widens
MT newswire2026/10/08 09:4005:40 AM EDT, 10/08/2026 (MT Newswires) -- Velan (VLN.TO) reported fiscal 2027 second-quarter adjusted net loss of $0.29 per share, widening from a loss of $0.05 per share a year earlier. Sales were $57.5 million, down from $67.6 million a year earlier. Velan's board has also determined that the company would not pay a dividend for the rest of fiscal 2027, given the implementation of its restructuring plan and efforts to preserve liquidity.
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