Lucas GC Limited Reports H1 Revenue Of $35.7M, Down 36.6 YoY

Lucas GC Limited (NASDAQ: LGCL) reported a revenue of $35.7 million for the first half of fiscal year 2026, a decrease of 36.6% from $56.2 million in the same period last year. The company achieved a gross margin of 35.4%, up 1.7% year-over-year, and net income of $2.9 million, down from $3.1 million in the previous year. The net income margin improved to 8.0%, compared to 5.5% in the prior year.