Questor Technology (TSE:QST) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Questor Technology Inc. reports a significant decrease in first quarter revenue and gross profit for 2024, citing timing differences in project and rental start dates as the main reason. Despite a quarterly loss, the company maintains a strong financial position with $4.1 million in cash and $7.2 million in short-term investments. Questor is also advancing the construction of a new waste heat to power unit and has implemented a Normal-course issuer bid to purchase shares for cancellation.
For further insights into TSE:QST stock, check out TipRanks’ Stock Analysis page.