AutoCanada Reports Q3 Revenue Growth to C$1.24 Billion Amid Declining EBITDA
AutoCanada Inc. reported its third-quarter financial results, highlighted by a 3.3% year-over-year increase in revenue, reaching C$1.24 billion. The company achieved a GAAP earnings per share (EPS) of C$1.63 for the period. Despite the top-line growth, adjusted EBITDA from continuing operations saw a decline, falling to C$48.4 million compared to C$58.1 million in the previous year. At the end of the quarter, the company maintained a strong liquidity position with approximately C$438.4 million in cash and available revolving credit capacity.
Topics: acquisition earnings report EBITDA revenue growth
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