Mining & Metals
Turnium Technology Sees Fiscal Q3 Revenue of C$7.2 Million to C$7.4 Million
Turnium Technology Group (TTGI.V) forecast fiscal Q3 revenue to be between C$7.2 million and C$7.4 million compared with its previous guidance of C$7 million and C$7.5 million, on Monday.Shares of the company were last seen down 9.1% at C$0.05 on the TSX Venture Exchange. For the three months ended June 30, adjusted EBITDA loss is expected to be between C$1.2 million and C$1.4 million, it said.The company expects fiscal Q4 revenue to be between C$8 million and C$8.5 million, and gross margin to rise by 33% to 38%.The company is set to report its final fiscal Q3 results around Aug. 28.
$TTGI.V
