Fiscal 2026 First Quarter Highlights
Operating income increased to $959,000, from an operating loss of $829,000.
Net income increased to $324,000 from a net loss of $1.4 million in the prior year quarter.
Gross profit increased 31.2 percent to $6.1 million, from $4.6 million in the prior year quarter.
Gross margin improved 410 basis points to 15.4 percent, from 11.3 percent in the prior year quarter.
Outlook
Revenue for the fiscal 2026 second quarter is expected to be approximately $40 million-$42 million.
Gross margin goal for fiscal 2026 second quarter is expected to be approximately 15-16 percent.
Genie Healthcare Expands Leadership in Clinical Workforce Solutions with Strategic Investment in Vizzhy's Healthcare IT Platform
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After just seven months in stealth mode, 31 Concept's research division delivers a breakthrough in network intelligence - now patent-pending and set to debut at one of the world's top security conferences.
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HIGHLIGHTS
March 2025 Tolmer discovery hole ranked 5th highest-grade silver intersection reported globally during H1 2025, with an interval of 6m @ 4,747 g/t Ag from only 46m depth1
New assays have extended high grade silver horizons, and added coincident high-grade gold up to ~13g/t Au, within a highly mineralised footprint now ~1.5km wide2