CSIMarket
 
Loop Industries Inc   (LOOP)
Other Ticker:  
 
 
Price: $2.6790 $-0.18 -6.329%
Day's High: $2.89 Week Perf: 2.25 %
Day's Low: $ 2.68 30 Day Perf: -2.23 %
Volume (M): 26 52 Wk High: $ 4.70
Volume (M$): $ 70 52 Wk Avg: $3.22
Open: $2.87 52 Wk Low: $2.59



 Market Capitalization (Millions $) 127
 Shares Outstanding (Millions) 48
 Employees -
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -11
 Cash Flow (TTM) (Millions $) -15
 Capital Exp. (TTM) (Millions $) 6

Loop Industries Inc
Loop Industries Inc. is a technology and manufacturing company that develops sustainable and eco-friendly solutions for the plastics industry. They focus on innovating the process of recycling plastic waste into high-quality raw materials for manufacturing. Loop Industries' proprietary technology allows them to break down all forms of PET plastic waste and transform it into purified monomers, which can be used to create new plastic products without any degradation in quality. By diverting plastic waste from landfills and oceans, Loop Industries contributes to a more circular and sustainable economy.


   Company Address: 480 Fernand-Poitras Québec 0
   Company Phone Number: 951-8555   Stock Exchange / Ticker: NASDAQ LOOP
   LOOP is expected to report next financial results on May 17, 2024.


Customers Net Income grew by LOOP's Customers Net Profit Margin grew to

26.95 %

10.29 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
WM   -0.01%    
• View Complete Report
   



Loop Industries Inc

Loop Industries Inc Surpasses Industry Average with Impressive 4.317% Rise in Revenue for the Most Recent Fiscal Period

Loop Industries Inc, a Chemical Manufacturing company, reported a shortfall per share of $-0.09 for the fiscal third quarter of 2024, compared to $-0.02 in the same quarter last year. However, the company experienced a revenue increase of 4.317% to $0.03 million during this period. This improvement in revenue outperformed the industry average, as its contemporaries on average only achieved a 1.01% revenue rise during the same timeframe.
In the previous quarter, Loop Industries Inc generated a revenue of $0.05 million, but its bottom line per share stood at $-0.10. For the fiscal third quarter of 2024, the company faced a larger net deficit of $-4.244 million, compared to $-1.013 million a year ago. Furthermore, the company experienced a noticeable increase in inventories and supplies, reaching $0.9 million. This is higher than the preceding quarter and the corresponding quarter of the previous year.

Loop Industries Inc

Loop Industries Inc Faces Alarming 60.126% Revenue Drop, Signaling Mounting Challenges in the Market Landscape



Loop Industries Inc, a company listed on the NASDAQ, has recently declared disappointing financial results for its most recent fiscal period. The company has witnessed a significant decline in revenue, widening shortfall per share, and a noticeable uptick in inventories and supplies. These results highlight the challenges faced by Loop Industries Inc in the current market landscape.
Financial Results:
Loop Industries Inc experienced a drastic decline in revenue, with a staggering decrease of 60.126% to $0.05 million in the most recent fiscal period compared to the corresponding quarter a year prior. This significant drop in revenue reflects the struggles the company faced during this time. Furthermore, the shortfall per share increased from the previous year's quarter, reaching $-0.10.

Loop Industries Inc

Loop Industries Inc Announces Impressive Q1 2023 Revenue Surge with $0.027 Million

The stock market has always been a rollercoaster ride, with fluctuating trends and unpredictable outcomes. However, there are moments that bring hope and optimism, moments that remind us of the incredible potential for growth and success. Today, we have one such moment to celebrate - the soaring success of the Chemical Manufacturing company and Loop Industries Inc.
In the recent financial time-frame, ending on May 31, 2023, the Chemical Manufacturing company managed to achieve an astounding $0.027 million in revenue. This is a remarkable achievement, showcasing their ability to adapt and thrive in a challenging economic climate. Their resilience and smart business strategies have truly paid off, positioning them as a powerful player in today's competitive market.

Loop Industries Inc

Loop Industries Inc Discloses Revenue Hike of $0.012486 Million From Dec '22 to Feb '23

The chemical industry has always been an integral part of the global economy, and the latest financial results from Loop Industries Inc have further bolstered confidence in the sector. With a remarkable improvement in profitability, Loop Industries Inc has set new benchmarks for the chemical manufacturing industry.
The recently disclosed financial results for the period of December to February 28, 2023, have been nothing short of impressive. Loop Industries Inc, a key player in the chemical manufacturing industry, has reported a net income of $5.424 million, indicating significant growth from the net loss of $-10.098 million in the previous year.






 

Loop Industries Inc's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com