Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Adcore targets swing to Q4 2026 operating profit of C$ 500,000–700,000 from Q2 2026 loss

Adcore targets swing to Q4 2026 operating profit of C$ 500,000–700,000 from Q2 2026 loss

BitgetBitget2026/10/21 11:35
  • Adcore reported a second-quarter 2026 operating loss of C$570,000.
  • First-half 2026 revenue rose 16% year over year to C$15.7 million.
  • Cash climbed 8% from June 30 to approximately C$4.3 million at September 30, 2026.
  • A substantially completed restructuring cut headcount approximately 25% and reduced third-party costs approximately 50%.
  • The company targets a return to operating profit of approximately C$500,000–C$700,000 in the fourth quarter of 2026.


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. ADCORE Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610210730ACCESSWRNAPR_____1238991) on October 21, 2026, and is solely responsible for the information contained therein.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Marvell Technology (MRVL.US) $115 billion "merger of the century" faces lukewarm reception! Stock has dropped over 40%, experts estimate only a 50% chance of completion

Marvell plans to acquire Lamington for 115 billions USD to strengthen its position in AI, but the probability of completion is only 50%. The two stocks have dropped by nearly 40% and about 35% respectively, with Chinese regulatory approval being the biggest uncertainty.

智通财经•2026/11/09 23:57

Amid opposition to data centers, Musk doubles down: SpaceX (SPCX.US) plans to build a $24 billion computing center and gas power plant in Texas.

According to a public hearing notice published on the Starbase website, SpaceX plans to build, own, and operate a gas-fired power plant and a supercomputing facility at its company town in Starbase, Texas.

智通财经•2026/11/09 23:31