NanoXplore (TSE:GRA) reported higher fiscal third-quarter revenue and sequential improvement across key operating metrics, while management said the company remains on track to meet its full-year revenue outlook and begin generating new revenue streams from recent expansion projects in fiscal 2027.
For the third quarter of fiscal 2026, the graphene and advanced materials company posted revenue of CAD 32.3 million, adjusted gross margin of 22.9% and adjusted EBITDA of CAD 1.2 million. Chief Executive Officer Rocco Marinaccio said the results represented sequential improvements from the second quarter and year-over-year gains on a normalized basis, excluding one-time items from the prior year.
