Bullboard - Stock Discussion Forum Exco Technologies Ltd T.XTC

Alternate Symbol(s): EXCOF

Consumer Cyclical Auto Parts

Exco Technologies Limited is a Canada-based global supplier of technologies servicing the diecast, extrusion and automotive industries. The Company operates through two business segments: Casting and Extrusion Technology (Casting and Extrusion) and Automotive Solutions. The Casting and Extrusion segment designs and engineers tooling and other manufacturing equipment. Its operations are... see more

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Exco Technologies Ltd > Results for First Quarter Ended December 31, 2021

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Post by Betteryear2 on Feb 01, 2022 5:16pm

Results for First Quarter Ended December 31, 2021

Consolidated Sales of $101.0 million and EBITDA of $9.3 million
Net Income of $2.7 million and EPS of $0.07
Quarterly dividend raised 5% to $0.105 per common share
Financial position and liquidity remain strong with $11.6 million net cash

TORONTO, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX-XTC, OTCQX-EXCOF) today announced results for its first quarter of fiscal 2022 ended December 31, 2021. In addition, Exco announced a 5% increase in its quarterly dividend to $0.105 per common share which will be paid on March 31, 2022 to shareholders of record on March 17, 2022. The dividend is an “eligible dividend” in accordance with the Income Tax Act of Canada.

https://www.globenewswire.com/news-
release/2022/02/01/2377206/0/en/Exco-Results-for-First-Quarter-Ended-December-31-2021.html

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