GDI Integrated (TSE:GDI) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
GDI Integrated Facility Services Inc. reported a 9% revenue increase to $644 million in Q1 2024, with a notable contribution from acquisitions. Although Adjusted EBITDA reached $28 million, net income saw a significant drop to $0.4 million, or $0.02 per share, primarily due to increased depreciation and amortization expenses. The company’s Business Services segments in both Canada and the USA showed positive performance, with the US segment achieving $225 million in revenue.
For further insights into TSE:GDI stock, check out TipRanks’ Stock Analysis page.
