Kelso Technologies Inc. (TSE:KLS) has released an update.
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Kelso Technologies Inc. has announced its unaudited financial results for Q1 2024, revealing a slight increase in revenues and a narrowed adjusted EBITDA loss compared to the same period last year. The company is focusing on obtaining full AAR approvals to expand its rail pressure car product portfolio, aiming to significantly increase revenue per tank car. Despite a challenging economic environment with slow growth in the rail tank car industry, Kelso maintains a stable outlook with its ‘Made in USA’ product line and innovative ADAS technology for commercial wilderness vehicles.
For further insights into TSE:KLS stock, check out TipRanks’ Stock Analysis page.
