Chronoscale FY26 net loss from continuing operations narrows 32% to 49.3 million; revenue falls 15% to 71.6 million
CHRN•CHRN•CHRN•CHRN•Chronoscale posted revenue of $71.6 million, down 15% year over year, while operating loss narrowed 32% to $37.5 million.
Net loss from continuing operations improved to $49.3 million from lower costs, while interest expense, net fell 45% to $9.6 million.
Net loss totaled $50.3 million, including a $1 million loss from discontinued operations tied to Legacy Ekso, which is held for sale.
The board committed to divest Legacy Ekso and focus on the cloud business, targeting completion during fiscal 2027.
Subsequent to year-end, the company entered a two-year Microsoft partnership for about 50 megawatts of AI compute capacity, with completion projected in Q1 2027.
