Highwood Asset Management Reports Third Quarter Results
Highwood Asset Management (TSXV: HAM) has released its third-quarter financial results, reporting petroleum and natural gas sales of $15.47 million. This represents a significant year-over-year decline of 34.9% compared to the same period last year. Despite the drop in revenue, the company reported an EBITDA of $3.8 million, which equates to $0.25 per share. Adjusted funds flow for the quarter stood at $3.5 million, or $0.23 per share.
Topics: adjusted funds flow EBITDA natural gas sales petroleum sales
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