Enablence Technologies Announces Second Quarter 2026 Financial Results

Core Insights - Enablence Technologies Inc. has reported lower revenue for the second quarter of fiscal year 2026 due to onboarding delays and a one-time inventory adjustment, but expects to resume long-term revenue growth as capacity expansion accelerates [2][3] Financial Performance - Revenue for the quarter ended December 31, 2025, was $2,152 thousand, an increase of $773 thousand or 56% compared to the same period last year [8] - Gross margin reported was $(757) thousand, improving from $(473) thousand in the previous year, with gross margin percentages of (35%) and (34%) for the respective periods [8] - The net loss increased to $6,291 thousand from $4,036 thousand year-over-year, reflecting a 56% increase driven by investments in R&D and manufacturing capacity [8] - Comprehensive loss rose to $7,231 thousand for the quarter, compared to $1,887 thousand in the same period last year, impacted by the strengthening of the USD [8] Strategic Outlook - The company has updated its fiscal 2026 revenue guidance to $8 million ± $0.5 million, reflecting short-term adjustments while maintaining confidence in long-term growth plans [2] - Monthly wafer starts are expected to increase from approximately 2,000 to over 4,000 by the end of the first quarter of fiscal 2027, indicating a strong order book across all business segments [2]