tiprankstipranks
Company Announcements

CES Energy Solutions Reports Record Q1 Growth

CES Energy Solutions Reports Record Q1 Growth

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

CES Energy Solutions Corp. reported a robust start to 2024, hitting record Q1 revenue of $588.6 million and an all-time high Adjusted EBITDAC of $102.0 million, marking significant year-over-year and sequential growth. The company has also declared a quarterly cash dividend of $0.030 per share. Demonstrating strong financial health, CES not only reduced total debt but also returned substantial capital to shareholders through share repurchases and dividends.

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

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App