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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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FormerXBC Inc > Xebec Adsorption Posts Q1 Revenues Of $20.6 Million, Net Los

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Post by AwareInvestor on May 13, 2021 7:57am

Xebec Adsorption Posts Q1 Revenues Of $20.6 Million, Net Los

Xebex Adsorption this morning filed its first quarter financial results, reporting revenues of $20.6 million along with a net loss of $9.2 million and adjusted EBITDA of negative $5.8 million. Quarterly results were a notable improvement over the firms disastrous fourth quarter results.

https://thedeepdive.ca/xebec-adsorption-posts-q1-revenues-of-20-6-million-net-loss-of-9-2-million/

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Comment by VicesVertus2222 on May 13, 2021 8:01am

More revenues because of the recent acquisitions. Lower margins. A non-event quarterly results. Price may drop a wee bit this morning. Have to wait another quarter to see positive movement in price share. Hope the indices hols until then. GLTA

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