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Enerflex Tuns To Profit, Revenue Declines In Q1; Stock Drops In Pre-Market

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Enerflex Ltd. (EFXT), Thursday reported first-quarter financial results, revealing earnings of $24 million, or $0.19 a share, compared to a net loss of $18 million, or $0.15 a share, last year.

Revenue declined to $552 million from $638 million in the previous year.

Adjusted EBITDA for the quarter was $113 million compared to $69 million in the prior year.

In the pre-market hours, Enerflex's stock is trading at $6.42, down 5.73 percent on the New York Stock Exchange.

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