tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BuildDirect Maintains Earnings Streak Amid Expansion Plans

Story Highlights
BuildDirect Maintains Earnings Streak Amid Expansion Plans

BuildDirect.com Technologies Inc (TSE:BILD) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

BuildDirect.com Technologies Inc. announced a positive adjusted EBITDA of $0.6 million for Q2 2024, marking their 10th consecutive quarter with such results, despite a year-over-year decrease in revenue and gross profit. The company’s working capital has seen an increase and they are focusing on growth strategies including expanding their Pro Centers and exploring acquisition opportunities in North America.

For further insights into TSE:BILD stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1