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TWC Enterprises Narrows Losses in Q1 2024

TWC Enterprises Narrows Losses in Q1 2024

TWC Enterprises Ltd. (TSE:TWC) has released an update.

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TWC Enterprises Limited reported a net loss of $701,000 in the first quarter of 2024, a significant improvement from the $8.051 million loss in the same quarter the previous year. Despite a slight drop in Canadian golf membership and U.S. championship rounds, the company saw an increase in operating revenue to $65.346 million, up from $26.510 million in Q1 2023. This financial update indicates a narrowing of losses and a potentially positive outlook for investors tracking the company’s performance.

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

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