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ACT Energy Earnings Decline In Q3

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

ACT Energy Technologies Ltd. (ACX.TO, ACXAF), on Friday, reported its net income decreased in the third quarter compared with the previous year.

For the third quarter, net income decreased to $16.64 million from $25.29 million in the prior year.

Earnings per share were $0.41 versus $0.68 last year.

Adjusted EBITDA decreased to $23.43 million from $30.17 million in the prior year.

Revenue declined to $118.26 million from $148.45 million in the previous year.

On Thursday, ACT Energy closed trading, 3.4205% lesser at $4.8000 on the Toronto Stock Exchange.

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