tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Conifex Timber Shows Improved Quarterly Results

Story Highlights
Conifex Timber Shows Improved Quarterly Results

Conifex Timber (TSE:CFF) 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.

Conifex Timber Inc. reported a narrowed net loss of $3.8 million for the third quarter of 2024, improving from a $9.7 million loss in the previous quarter. Despite a negative EBITDA of $3.9 million, the figures show a positive trend compared to the last year’s quarter and the previous quarter. The company’s revenue from lumber and bioenergy witnessed a decline, impacting overall performance.

For further insights into TSE:CFF 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