India, Aug. 12 -- On Wednesday, T1 Energy Inc. (TE), solar modules and cells solutions provider, reported wider loss in the second quarter of 2026 due to higher expenses.
Net loss attributable to the shareholders widened to $44.53 million from $32.80 million in the same quarter last year. Net loss per share was $0.16 compared to $0.21 in the previous year.
Total operating expenses went up to $71.88 million from $64.12 million last year.
Adjusted EBITDA in the second quarter rose to $10.66 million from $0.67 million in the prior year.
Total net sales for the period increased to $250.13 million from $132.77 million in the previous year.
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