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Kits Eyecare Reports Lower Earnings, Higher Revenue for Third Quarter

Kits Eyecare Reports Lower Earnings, Higher Revenue for Third Quarter

MT newswireMT newswire2026/11/05 20:12
04:12 PM EST, 11/05/2026 (MT Newswires) -- Kits Eyecare (KITS.TO) after trade Thursday reported third-quarter net income of CA$0.02 per diluted share, down from CA$0.06 a year ago. Analysts polled by FactSet expected CA$0.04. Revenue for the quarter ended Sept. 30 was CA$63.7 million, up from CA$52.4 million a year prior. Analysts polled by FactSet expected CA$63.4 million. The company said that for the fourth quarter, it expects revenue to be in the range of CA$64 million to CA$66 million, with adjusted EBITDA as a percentage of revenue between 4% and 6%. Shares of Kits Eyecare closed up 0.2% at CA$18.95 on the Toronto Stock Exchange.
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