AITX posts Q2 FY27 operating loss of $2.68 million; revenue rises 5% to $1.99 million
AITX•Artificial Intelligence Technology Solutions reported a Q2 FY27 operating loss of $2.68 million as revenue rose 5% year over year to $1.99 million.
1. Quarterly results
Revenue increased 8% from the first quarter. Excluding its largest customer, revenue rose 61% year over year to a record $1.63 million. Gross profit was $1.06 million and included a $270,987 noncash inventory write-down tied to the discontinued residential camera product line.
