Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Colabor Posts Q3 Loss - Quick Facts

Colabor Group Inc. (GCL.TO: Quote), Friday reported a loss for the third-quarter, particularly on charges incurred with respect to consolidation of operations.

For the three-month period, the company reported net loss of C$3.9 million or C$0.14 per share, compared with net earnings of C$3.04 million or C$0.13 per share during the same quarter last year. This year results included a C$8.1 million charge associated with the consolidation of operations.

EBITDA decreased to C$10.2 million compared with C$11.02 million a year ago.

On average, two analysts polled by Thomson Reuters expected earnings per share of C$0.09 for the quarter. Analysts' estimates typically exclude one-time items.

Revenues decreased to C$343.6 million, from prior year's C$350.3 million. Analysts expected the company to generate revenues of C$349.70 million for the quarter.

The company declared a cash dividend of C$0.06 per share, payable on November 15 to shareholders of record on October 31.

Click here to receive FREE breaking news email alerts for Colabor Group Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Stocks moved sharply higher over the course of the trading day on Tuesday, extending the recovery from the sell-off seen in recent weeks. The Nasdaq and the S&P 500 closed higher for the fourth consecutive session but remain well off their mid-September highs. Despite indications that the spread of Ebola inside the U.S. has been contained, the results of a new Gallup poll show the deadly disease had made its debut on a list of the top 10 most important problems facing the country. In another hotly contested Senate race, the results of a new Suffolk University/Boston Herald poll show incumbent Sen. Jeanne Shaheen, D-N.H., clinging to a narrow lead over Republican challenger Scott Brown.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.