Photon Energy N.V. (PEN.PR,PEN.WA), a solar energy and clean water solutions provider, reported Wednesday that its third-quarter loss narrowed from last year, with higher revenues.
Looking ahead for fiscal 2026, Photon continues to expect consolidated EBITDA at the level of 9 million euros, while consolidated revenues are now projected to be at the lower end of previously given range of 100 million euros to 110 million euros. In the third quarter, Photon's loss attributable to the owners of the company came down to 2.64 million euros from 2.97 million euros loss in the earlier year.
On a per share basis, the company reported loss of 0.044 euro, compared to a loss of 0.049 euros a year ago.
For the reported quarter, EBITDA was 4.49 million euros, higher than 3.80 million euros last year.
For the latest period, revenue went up to 24.27 million euros from 22.85 million euros in the prior year.
On the Prague Stock Exchange, Photon's shares were trading 3.09% lower at 11.90 Czech koruna.
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