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Wajax Corporation Reports Revenue Decline Amid Market Challenges

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Wajax Corporation Reports Revenue Decline Amid Market Challenges

Wajax Corporation (TSE:WJX) has released an update.

Wajax Corporation reported a decline in its third-quarter revenue, with equipment sales increasing but overall sales suffering due to softer market conditions and competitive pressures. The company has managed to increase its backlog and reduce costs, anticipating improvements in leverage and operational efficiency.

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

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