Thermal Energy International Publishes October 2026 Investor Presentation
Bitget2026/10/28 14:22- Thermal Energy International posted revenue of $33.6 million, up 12.7%, for fiscal 2026 ended May 31.
- Net income rose 749.4% to $1.3 million.
- Fiscal first-quarter 2027 revenue fell 9.2% to $6.2 million, reflecting project delays and shipment timing.
- Quarterly adjusted EBITDA fell $430,000 year over year to a loss of $80,000.
- Orders received since August 31 totaled $8 million, bringing the order backlog to $21 million as of October 28, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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