Fiscal 2027 Second Quarter Results
Key Highlights
- ➤Q2 net loss narrowed to $41,198 from $267,833 year over year
- ➤Q2 revenue fell 23% to $1,174,705
- ➤Q2 operating expenses declined 42% to $552,267
- ➤Six-month operating income reached $4,773 versus a $278,272 loss
- ➤Management expects existing cash and Pathward credit to fund operations twelve months
Expert Statements
Robert Fries, Interim President, Chief Executive Officer and Chief Financial Officer of Encision
“Our second quarter results reflect meaningful progress in reducing operating expenses and narrowing losses despite continued top-line pressure”
Robert Fries, Interim President, Chief Executive Officer and Chief Financial Officer of Encision
“We remain focused on optimizing sales execution, supporting adoption of AEM technology, retaining existing accounts, and further reducing costs while the market continues to shift toward robotic platforms.”
BOULDER, CO / ACCESS Newswire / November 3, 2026 / Encision Inc. (OTC PINK:ECIA) reported a net loss of $41,198 for the quarter ended September 30, 2026, compared with a net loss of $267,833 in the prior-year quarter, as materially lower operating expenses partly offset lower revenue and gross profit. For the first six months of fiscal 2027, the company reported a net loss of $16,935, compared with a net loss of $308,966 in the prior-year period, and generated operating income of $4,773.
Net revenue for the quarter was $1,174,705, down 23% from $1,528,050 in the prior-year quarter. Gross profit declined 25% to $526,283 from $697,333, while gross margin was 45% compared with 46% in the prior-year quarter.
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