Valence Technology Inc. (VLNC) reported that its third-quarter net loss available to common stockholders were $5.63 million or $0.04 per share, compared to a net loss $5.20 million or $0.04 per share in the same quarter last year. Total revenues for the quarter were $4.11 million, compared to $4.68 million in the prior year quarter.
For the nine-month period, the company said its net loss available to common stockholders were $18.06 million or $0.14 per share, compared to a loss of $16.99 million or $0.14 per share in the comparable period of last year. Total revenues for the period declined to $12.18 million from $21.49 million in the corresponding period of the prior year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.