Loop Industries (LOOP) Reports Q3 Loss of $0.20/Share

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Go back to Loop Industries (LOOP) Reports Q3 Loss of $0.20/Share

Loop Industries Announces Net Loss of $6.7 million for the Third Quarter 2018, including $4.4 million Non-Cash Compensation Costs

January 12, 2018 4:05 PM EST

Pilot Plant Expansion to Increase Capacity and Demonstrate Continuous Operations

Private Common Stock Issuance of $7.4 million 

MONTREAL, Jan. 12, 2018 (GLOBE NEWSWIRE) -- Loop Industries, Inc. (NASDAQ: LOOP) (the Company or Loop), an innovative technology company leading the sustainable plastic revolution, today announced financial results for its third quarter of fiscal 2018, ended November 30, 2017, and provided an update on its financing plans.

Third Quarter 2018 Financial... More