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D2L Swings to Q2 Loss, Revenue Misses Estimates; Cuts Full-Year Revenue Outlook

D2L Swings to Q2 Loss, Revenue Misses Estimates; Cuts Full-Year Revenue Outlook

MT newswireMT newswire2026/09/10 10:49
06:49 AM EDT, 09/10/2026 (MT Newswires) -- D2L (DTOL.TO) reported a loss of $0.06 a share for fiscal 2027 Q2, compared with earnings of $0.05 per share in the prior-year period. The result missed the FactSet consensus estimate for earnings of $0.04 per share. Total revenue for the period ended July 31 was $55.6 million, up from $54.8 million a year ago but below the FactSet consensus estimate of $57.6 million. For the year ending Jan. 31, the company expects revenue of $228 million to $231 million, implying growth of 5% to 6% over fiscal 2026. The guidance was lowered from the previously issued range of $231 million to $234 million.
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