04:47 PM EDT, 08/07/2024 (MT Newswires) -- Greenlane Renewables ( GRNWF ) on Wednesday reported a second-quarter loss.

The company said it lost $0.4 million in the period on revenue of $14.6 million. Year-prior results were not disclosed.

"Building on the success of our biogas desulfurization product line in Europe, we have delivered the first Cascade H2S units in North America. These product and service contract wins are helping drive our financial goals, valued by our stakeholders, as we shift into our next phase of market and related product development," chief executive Ian Kane noted.

The company's shares closed up $0.005 to $0.10 on the Toronto Stock Exchange.