Itafos Reports Third Quarter Revenue Miss and Declining Earnings
Itafos (ITFS) reported its third-quarter financial results, revealing a significant revenue miss of C$14.33 million against expectations, with total revenue reaching C$161.0 million. The company's profitability saw a sharp decline compared to the previous year. Basic earnings per share dropped to C$0.02 in Q3, down significantly from C$0.26 recorded during the same period in 2025. Additionally, adjusted EBITDA fell to C$14.4 million, representing a substantial decrease from the C$48.9 million reported in the prior year's third quarter.

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