CES Energy Solutions Posts Record Q1 Earnings

CES Energy Solutions Corp (TSE:CEU) has released an update.

CES Energy Solutions Corp. reported a record-breaking first quarter in 2024 with a revenue of $588.6 million and an Adjusted EBITDAC of $102.0 million, indicating strong growth and profitability. The company also announced a quarterly cash dividend of $0.030 per share and showcased effective capital returns to shareholders, including significant share repurchases. CES’s robust financial performance is attributed to its asset-light business model and innovative approach to the chemical services sector.

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