Overview

* Lendway Q3 2025 net revenue falls to $5.2 mln from $6.6 mln in Q3 2024

* Company's Q3 2025 operating loss widens to $3.0 mln from $1.4 mln in Q3 2024

* Net loss attributable to Lendway increases to $2.9 mln from $1.1 mln in Q3 2024

Outlook

* Lendway ( LDWY ) expects revenue to increase in fiscal year 2026 due to more bulbs in inventory

* Company anticipates gross margin improvement in fiscal year 2026

* Lendway ( LDWY ) is preparing for peak season with increased bulb purchases

Result Drivers

* SEASONAL STRATEGY - Co accelerated tulip growing earlier in the year to meet spring demand, reducing stems available for sale this qtr

* HIGHER BULB COSTS - Increased bulb costs and tariffs reduced profitability, leading to higher operating loss

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net -$511

Income mln

Q3 Basic -$1.61

EPS

Q3 -$3.04

Operatin bln

g Income

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)