Itaconix reaches adjusted EBITDA breakeven

Itaconix’s ($ITX) first-half revenue rose 72% to $8.3 million. Adjusted EBITDA reached breakeven, while the pre-tax loss narrowed to $284,000 from $478,000. The company reaffirmed its previously announced 2026 outlook for $14.8 million in revenue and a small positive EBITDA. This was a confirmation of existing guidance, not a new upgrade.

Sources:

• Alliance News / AJ Bell — Itaconix results