Perfect Moment swings to Q3 loss, revenues drop 8 percent

Perfect Moment, the luxury skiwear and lifestyle brand, reported an 8 percent in net revenue decrease to 11.7 million dollars for the third quarter of fiscal 2025 compared to the same period last year. The company also reported a net loss of 2.5 million dollars, or 15 cents per basic and diluted share, and an adjusted EBITDA of negative 671,000 dollars.