NFI Group Reports Growth and Positive Earnings in Q2

NFI Group Inc (TSE:NFI) has released an update.

NFI Group Inc. reported a significant increase in revenue to $851 million for Q2 2024, marking a 34% rise in unit deliveries and a shift towards eco-friendly transportation with 23% of deliveries being zero-emission buses. The company achieved its first positive net earnings since 2021 with $3 million in net earnings and reconfirmed financial guidance for the fiscal year 2024, indicating a strong financial recovery and positive outlook.

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