# Sherritt Posts $39.7 Million in Q3 Revenue, $0.07 Non-GAAP Loss Per Share By John Kim Canonical URL: https://www.tokenpost.com/news/business/57049 Published: 2026-11-13T22:17:49.000Z Updated: 2026-11-13T22:17:49.000Z Section: Business > Revenue was flat year over year. The results follow the company’s plan to temporarily lay off 280 Canadian employees for at least 90 days. Sherritt International Corporation posted $39.7 million in third-quarter revenue and a non-GAAP loss of $0.07 per share, while revenue remained unchanged from a year earlier. The results follow Sherritt’s Nov. 4 announcement of [temporary layoffs affecting 280 Canadian employees]() for at least 90 days. The layoffs affect 47% of its Canadian workforce and are intended to help the company conserve cash as it works to restart its idle refinery in Fort Saskatchewan, Alberta. Non-GAAP earnings per share is a per-share measure calculated using a company’s non-GAAP methodology. ## Links in this article - [temporary layoffs affecting 280 Canadian employees](https://www.tokenpost.com/news/business/49102)