BSA Limited (AU:BSA) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
BSA Limited has reported a strong financial performance for the third quarter of FY2024, with a notable increase in year-to-date EBITDA to $15.9 million and a revenue rise to $187.1 million, driven by high-margin work in the Telecommunications and Energy sectors. The company is also on track to complete the closure of its discontinued NSW Fire operations by June 2024, which will sharpen its focus on its core markets. Overall, BSA Limited’s financial health has improved, with net cash increasing by $2.2 million during the quarter.
For further insights into AU:BSA stock, check out TipRanks’ Stock Analysis page.