Exco Technologies Reports Q2 GAAP EPS of C$0.15 and Revenue of C$165.4M
Exco Technologies reported second-quarter results with a GAAP earnings per share (EPS) of C$0.15, alongside revenue reaching C$165.4 million. The company's EBITDA rose by 26% year-over-year to $18.5 million from $14.7 million in the same period last year. The firm also announced the launch of Exco Energy, a new initiative that will utilize its precision-machining and additive-manufacturing capabilities to target opportunities in nuclear energy and other advanced markets. This move aligns with Canada's broader push into clean energy technologies.
Tickers: $EXCOF