XTI Aerospace Reports Preliminary Q2 Revenue of $32.4M Amid Operational Loss
XTI Aerospace (NASDAQ: XTIA) has released preliminary unaudited results for the second quarter, reporting revenue of approximately $32.4 million and a gross profit estimate of around $5.6 million. Despite this, the company anticipates an operational loss of about $9.1 million during the same period. The firm confirmed that its internal review found no financial misstatements and remains on schedule to file its Form 10-Q by October 26, 2026. However, XTI Aerospace has withdrawn its prior 2026 financial guidance and plans to provide a more detailed update at an unspecified future date. The results reflect ongoing operational challenges despite revenue growth, which may impact investor sentiment as the company works through these issues.
Tickers: $XTIA
Topics: financial_guidance_withdrawal gross_profit loss_from_operations revenue