ChronoScale Reports Fiscal First Quarter 2027 Results
Key Highlights
- ➤Revenue $41.5 million, up 148% year over year
- ➤Microsoft deployment secured for 50 MW of AI compute capacity
- ➤$328.2 million received in aggregate customer-contract prepayments
- ➤$1 billion annualized run-rate revenue targeted by calendar Q3 2027
- ➤Net loss from continuing operations widened to $26.4 million
Expert Statements
Cenly Chen, Chief Executive Officer of ChronoScale
“We believe our strong revenue growth and expanded customer commitments validate the demand we are seeing and our opportunity to grow alongside our customers”
Cenly Chen, Chief Executive Officer of ChronoScale
“Our Microsoft deployment and partnerships with Nutanix and Baseten should position us to serve hyperscale and enterprise AI demand, while the completed Ekso sale is intended to allow us to sharpen our focus on AI infrastructure.”
Cenly Chen, Chief Executive Officer of ChronoScale
“With our customer agreements and current deployment schedule supporting an expected $1 billion in annualized revenue run rate by calendar Q3 2027, our priority is disciplined execution and delivering the infrastructure our customers need at scale.”
MENLO PARK, Calif., Oct. 15, 2026 (GLOBE NEWSWIRE) -- ChronoScale Holdings Corporation (NASDAQ: CHRN) (“ChronoScale” or the “Company”), an accelerated compute platform purpose-built to support demanding artificial intelligence workloads, reported financial results for the fiscal first quarter ended August 31, 2026.
Following the business combination completed on May 5, 2026, the Company classified its legacy Ekso Bionics business (“Legacy Ekso Business”) as held for sale and reported its results in discontinued operations in accordance with U.S. generally accepted accounting principles (“GAAP”). Accordingly, Legacy Ekso Business’ results are excluded from the Company’s continuing operations and presented separately in its consolidated financial statements. Subsequent to quarter end, the Company completed the sale of the Legacy Ekso Business on September 30, 2026. Unless otherwise specified, disclosures in this earnings release, including the below, reflect continuing operations only.
Get started
Create a free account to read the full story.