Clearford Industries (V.CLI, StockForum) opens books on third quarter to reveal a 42% increase in year-over-year revenues, but also reports a net loss for the quarter of $760,082 or $0.01 per share which nearly doubles 2012's net loss reporting of $484,561 for the same period. Gross revenue for the quarter came to $678,112 with a gross margin of $171922 compared to $671,019 gross revenue and $466,551 gross margin reported in Q3 2012.
Innergex Renewable Energy (T.INE, StockForum) files Q3 2013 results with a production increase of 26%. Quarterly operating revenues climbed 23% to $58 million and the nine-month total also jumped 21% to $156.9 million. Net earnings for the quarter totaled $11,147 or $0.09 per share compared to a net loss of $728 or ($0.01) per share in the same 2012 quarter.
CanWel Building Materials Group (T.CWX, StockForum) reports third quarter results with $205 million in revenues up from $198 million in Q3 2012. Gross margin also climbed to 24% or 11.6% of revenues, compared to $22 million or 11.1% of revenue reported in Q3 2012. Net earnings for the quarter came in at $4.7 million versus $4.1 million recorded in the matching quarter of 2012.
Confex Timber (V.CFF, StockForum) reports third quarter results with a net loss of $0.1 million or $0.01 per share versus $2.4 million or $0.12 per share net income recorded in Q3 2012. nine-month net income came to $8.5 million or $0.41 per share compared to a net loss of $12.6 million or $0.68 per share in the matching 2012 period. Sales were up to $65.2 million over $64.4 million in Q3 2012.
PFB (T.PFB, StockForum) reveals third quarter results with consolidated income jumping from $316,000 or $0.05 basic earnings per share reported Q3 2012 to $933,000 or $0.14 basic earnings per share. Nine-month consolidated income rocketed to $6.372 million or $0.95 basic earnings per share versus $306,000 or $0.05 recorded in the matching 2012 period.
Titan Medical (V.TMD, StockForum) brings out Q3 2013 results with cash and cash assets dropping somewhat from $4,617,016 at the beginning of fiscal 2013 to $4,373,160 ending September 30, 2013. Net loss for the quarter and the nine-month was $2,164,398 and $6,962,023 respectively, versus quarterly and nine-month net losses reported during the same 2012 period of $1,112,378 and $5,893,142 respectively.