tiprankstipranks
ECN Capital Faces Q4 Loss but Eyes Future Growth
Company Announcements

ECN Capital Faces Q4 Loss but Eyes Future Growth

ECN Capital (TSE:ECN) has released an update.

Don't Miss Our Christmas Offers:

ECN Capital Corp. reported an adjusted net loss of $13.5 million in Q4-2023, a downturn from the previous year’s gains, but CEO Steven Hudson remains optimistic about the company’s growth trajectory in 2024. Originations dipped slightly to $503.1 million, while managed assets increased to $4.9 billion. The company also announced a CFO transition, with Jacqueline Weber set to take over the role in April 2024.

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

Related Articles
Howard KimECN Capital (ECN) Announces Q4 Dividend: Save the Dates!
Catie PowersECN Capital (ECN) Reveals Q4 Dividend: Here’s the Essential Information
TipRanks Canadian Auto-Generated NewsdeskECN Capital Posts Strong Q2 Growth and Declares Dividends
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