ClearStream Energy (TSE:FLNT) has released an update.
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FLINT Corp. reported a moderate dip in first-quarter revenue to $146.3 million, with a gross profit margin steady at 8.9%, despite a 41.4% drop in Adjusted EBITDAS. The company secured $201.5 million in new contracts and renewals, reflecting its ongoing organic growth strategy and geographic diversification efforts. FLINT anticipates a rise in demand for its services in the energy sector, buoyed by strong Canadian oil prices and the upcoming TMX expansion.
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