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QD Laser rebounds sharply for first time in 3 days on narrowed operating loss for fiscal year ending March 2026
QD Laser,Inc. <6613> is rebounding sharply for the first time in three days. After the market close on April 30th, the company announced that its standalone operating loss for the fiscal year ending March 2026 came in at 326 million yen (compared to a loss of 445 million yen in the previous fiscal year), narrower than the previous forecast of a 411 million yen loss, attracting favorable buying. Revenue was 1,372 million yen (up 4.9% from the previous fiscal year), compared to the prior forecast of 1,387 million yen. Gross profit exceeded the previous forecast due to reduced indirect costs and changes in product mix in the fourth quarter (January-March). Additionally, adjustments to the timing of development spending investments until the fiscal year-end and a decrease in selling, general and administrative expenses also contributed to narrowing the operating loss.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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