ECN Capital (TSE:ECN) has released an update.
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ECN Capital Corp. reported a slight adjusted net loss of $0.3 million in Q1-2024, demonstrating a recovery with performance exceeding expectations and improvement over the previous quarter’s losses. Despite the net loss, the company experienced solid operational improvements, strong liquidity, and reaffirmed its full-year guidance, while declaring quarterly dividends for its common and preferred shareholders.
For further insights into TSE:ECN stock, check out TipRanks’ Stock Analysis page.