IR presentation
 
 

 


Exco Technologies Limited - Results for Third Quarter Ended June 30, 2014


  • Sales up 78%
  • Earnings up 50%
  • $29 million cash on hand
  • $1.1 million cash, net of bank indebtedness
  • EBITDA up 27% to $14.9 million

TORONTO, July 23, 2014 /CNW/ - Exco Technologies Limited (TSX-XTC) today announced results for its third quarter ended June 30, 2014. In addition, the Company announced the quarterly dividend of $0.05 per common share which will be paid on September 26, 2014 to shareholders of record on September 12, 2014.  The dividend is an "eligible dividend" in accordance with the Income Tax Act of Canada.

  Three Months ended
June 30
Nine Months ended
June 30
 

  ($000s, except per share amounts)
         

 

2014

2013

2014

2013

Sales

               110,938

            62,382

               257,320

        180,649

 

 

 

 

 

Net income

8,340

5,550

22,533

16,882

     Basic earnings per share

$0.20

$0.14

$0.54

$0.42

     Diluted earnings per share

$0.20

$0.14

$0.54

$0.41

 

 

 

 

 

Adjusted Net income

9,247

7,156

24,425

18,636

     Basic earnings per share

$0.22

$0.18

$0.59

$0.46

     Diluted earnings per share

$0.22

$0.17

$0.58

$0.45

 

 

SOURCE Exco Technologies Limited

For further information:

Source: Exco Technologies Limited (TSX-XTC)
Contact: Paul Riganelli, Senior Vice President and Chief Operating Officer
Telephone: (905) 477-3065 Ext 7228
Website: http://www.excocorp.com

 

 
© 2017 All rights reserved