Tornado Global Hydrovacs (TSE:TGH) has released an update.
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Tornado Global Hydrovacs Ltd. showcased a strong financial performance in the second quarter of 2024, with a significant 125% increase in net income per share compared to the same period in 2023, driven by record sales and a robust demand for their hydrovac trucks in North America. The company’s strategic partnerships and increased sales efforts have paid off, leading to a 46.3% rise in revenue and a promising sales backlog extending into the next year.
For further insights into TSE:TGH stock, check out TipRanks’ Stock Analysis page.