Kraken Robotics (PNG.V) reported second quarter adjusted net income of C$0.8 million compared with C$1.3 million, a year earlier.
Revenue increased to C$27.3 million in the three months ended June 30, 2026, compared with C$26.4 million, a year-ago. Analysts expected revenue of C$26.3 million.
Shares of the company closed down 1.4% to C$5.76 on Wednesday on the TSX Venture Exchange.