Thermal Energy International Reports Q3 Revenue of $9.4M and Improved EBITDA

Thermal Energy International (TMGEF) reported Q3 revenue of $9.4 million and adjusted EBITDA of $519 thousand, marking an improvement of $686 thousand. The company also saw a net income of $338 thousand, reversing a loss from the previous period, along with an increase in cash and working capital.

By Urvi Shah, SA News Editor · Seeking Alpha ·

Thermal Energy International Reports Q3 Revenue of $9.4M and Improved EBITDA

Topics: Cash Position EBITDA Net Income Order Backlog Q3 Revenue

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