Update: Thinkific Labs Q3 Loss Widens, Misses FactSet Consensus; Revenue Tops Estimates

04:51 PM EST, 11/03/2026 (MT Newswires) -- (Update to add appointment of new president and chief revenue officer in the fourth and fifth paragraphs.) Thinkific Labs (THNC.TO) reported a third-quarter loss of $0.06 per share after the close on Tuesday, compared with break-even results in the year-earlier period. FactSet consensus was a loss of $0.02. Total revenue for the third quarter rose to $19.0 million from $18.6 million a year earlier, exceeding the company's guidance range of $18.6 million to $18.9 million. It exceeded FactSet consensus of $18.8 million. For the fourth quarter of 2026, the company expects revenue of $18.9 to $19.2 million, while improving adjusted EBITDA to a range of 20% to 25% of revenue. Additionally, Thinkific said Tuesday it appointed Amanda Malko as president and chief revenue officer, effective immediately. Malko, previously the company's chief revenue officer, will continue to lead its market operations while assuming broader responsibility for commercial strategy, customer growth and product strategy.