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Innovate Corp. shares rise 1.56% premarket after reporting Q2 earnings with a net loss of $19.8 million.
ByAinvest
Wednesday, Aug 6, 2025 8:34 am ET1min read
Innovate Corp. rose 1.56% in premarket trading, with the company reporting earnings results for the second quarter and six months ended June 30, 2025. The company reported sales of USD 242 million compared to USD 313.1 million a year ago. Net loss was USD 19.8 million compared to net income of USD 14.4 million a year ago. Basic loss per share from continuing operations was USD 1.67 compared to basic earnings per share from continuing operations of USD 1.11 a year ago. Diluted loss per share from continuing operations was USD 1.67 compared to diluted earnings per share from continuing operations of USD 1.03.
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