ToughBuilt Industries up as Q2 revenue jumps, loss narrows

Toughbuilt Industries

19/08/2022 13:54

** Shares of ToughBuilt Industries Inc  TBLT.O  up ~4% at
$5.25 in premarket trading
    ** Company's Q2 revenue rises 12.8% to $17.9 mln, helped by
increased demand from existing  and new customers  urn:newsml:reuters.com:*:nGNX5gf36T
    ** TBLT reports $3.56 mln in Q2 sales through Amazon
 AMZN.O 
    ** Company posts Q2 per-share net loss attributable to
common stockholders of $9.45 compared with $13.64 a year earlier
    ** Up to Thursday's close, stock had fallen ~91% this year

 (Reporting by Ananya Mariam Rajesh in Bengaluru)
 ((AnanyaMariam.Rajesh@thomsonreuters.com ; Twitter: https://twitter.com/AnanyaMariam;))