Loop Industries (NASDAQ:LOOP) reported Q revenue of $179K and a $3.39M net loss ($0.07/share), driven mainly by engineering services for its India JV while commercial plants stay pre‑operational, and says debt financing for the India project is progressing though key terms remain undisclosed.
Previous Week Recap
- Loop Industries Sees Revenue, Diluted Loss: Loop Industries (LOOP) reported Q revenue $179K, net loss $3.39M, diluted loss per share $0.07. Revenue mainly from India JV engineering services; commercial plants remain pre-operational.
- Debt Financing For India Project Advancing: Loop Industries (LOOP) says debt financing for its India project is progressing; company gave no details on timing, lenders, interest rates or total amount secured.
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