05:09 PM EDT, 08/11/2025 (MT Newswires) -- Quipt Home Medical ( QIPT ) on Monday said its fiscal third-quarter loss widened on lower revenue.

The company said it lost US$3.0 million, or US$0.07 per share, in the quarter ended June 30, compared with a year-prior loss of US$1.6 million, or US$0.04.

Revenue fell to US$58.3 million from US$60.8 million, while adjusted EBITDA fell to US$13.7 million from US$14.2 million.

"Our third quarter results reflect important progress, as we returned to positive organic growth and achieved clear revenue stabilization across the overall business. These results highlight the dedication of our team and the structural improvements we've made over the past several quarters, which position us for sustainable long-term growth," chief executive Greg Crawford said in a release.

QIPT shares closed down $0.02 to $2.92 on the Toronto Stock Exchange.