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Bullboard - Stock Discussion Forum Black Diamond Group Ltd T.BDI

Alternate Symbol(s):  BDIMF

Industrials
Black Diamond Group Limited is a specialty rentals and industrial services company. The Company owns a portfolio of businesses that solve the space, accommodation and travel needs of organizations around the globe. Its segments include Modular Space Solutions (MSS) and Workforce Solutions (WFS). The MSS segment, through its brands, BOXX Modular, Britco, MPA, Schiavi and CL Martin, owns a rental... see more

TSX:BDI - Post Discussion

Black Diamond Group Ltd > All Systems GO!!!
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Post by zack50 on May 06, 2021 11:08am

All Systems GO!!!

Black Diamond Group Swings to Profit in Q1, Expects Positive Momentum to Continue Through 2021

09:48 AM EDT, 05/06/2021 (MT Newswires) -- Black Diamond Group Limited (BDI.TO), a provider of space rental and workforce accommodation solutions, overnight Wednesday reported first-quarter profit of $2.7 million, or $0.05 per share, rising from a loss of $100,000 in the year-ago quarter.

Total revenue increased to $65.8 million from $45.1 million a year ago. Total adjusted EBITDA also rose to $13.3 million from $9.9 million a year ago.

Since the start of the year, Black Diamond's Workforce Solutions segment has been awarded contracts totaling over $56.1 million in revenue, the company said.

Black Diamond expects to see continued positive momentum during the rest of the year as recently signed contracts begin contributing late in the second quarter.
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Black Diamond Group Ltd