Lifecare swings to Q2 FY26 profit of NOK 4.53 million; operating loss narrows to NOK 10.65 million
Reuters2026/08/19 05:04Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Lifecare posted Q2 2026 profit of NOK 4.53 million, swinging from a loss a year earlier; EPS turned positive to NOK 0.02.
- Operating loss narrowed to NOK 10.65 million from NOK 22.22 million, while revenue and other income rose to NOK 259,000.
- Operating expenses fell to NOK 11.01 million from NOK 20.8 million, reflecting a reduced cost base and consolidation of manufacturing in Bergen.
- Cash and cash equivalents increased to NOK 36.84 million from NOK 31.82 million; net cash used in operations improved to NOK 12.41 million.
- Management said three implants reached six months in vivo with no adverse tissue response; focus in H2 is a submission-ready pivotal CE package.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lifecare ASA published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.
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