Lingo Media Corp. (LM.V, LM.OB) posted third-quarter net loss of C$1.1 million, wider than C$748 thousand in the same quarter last year. The company reported loss per share of C$0.08 for the quarter, same as last year.
Net loss for the quarter ended September 30, 2009 includes non-cash amortization expense of C$463 thousand and stock-based compensation expense of C$119 thousand.
Loss from continuing operations for the quarter was C$1.1 million or C$0.08 per share compared to a loss of $663 thousand or C$0.07 per share in the prior year period.
Third quarter revenue from continuing operations was C$184 thousand compared with C$32 thousand, a fivefold increase over same period last year as the company begin to recognize revenue from its Online English Language Learning segment.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.