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Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

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GREY:XEBEQ - Post Discussion

FormerXBC Inc > GRN - solid earnings

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Post by Jf274211 on Nov 17, 2020 4:17pm

GRN - solid earnings

https://www.greenlanerenewables.com/investors/news/greenlane-renewables-announces-third-quarter-financial-results-20201117

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Comment by Ciao on Nov 17, 2020 4:23pm

Wrong forum :-)

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Comment by Canadian_101 on Nov 17, 2020 4:43pm

Greenlane is on fire, I am sure you are simply letting the investors of xebec in on the secret, results were awesome!! Record revenue of $6.5 million in the quarter ended September 30, 2020 representing a 30% year-over-year increase from $5.0 million reported in the third quarter 2019. Sales order backlog (note one) of $43.8 million, an increase of over 350% from the $9.6 million ...more

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Comment by Ciao on Nov 17, 2020 6:51pm

Stock may go up tomorrow, but earnings is not "solid", look at the quality of earnings Net income of $700,000 (or one cent per share) and adjusted earnings before interest, taxes, depreciation and amortization loss of $200,000* in the three-month period ended Sept. 30, 2020, compared with a net loss of $1.8-million (or four cents per share) and adjusted EBITDA loss of $900,000 in ...more

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