Brief: Daseke Says Expect Positive Cash Flow In Q2

Daseke

18/06/2020 13:18

June 18 (Reuters) - Daseke Inc  DSKE.O :
    * DASEKE INC -
    * DASEKE PROVIDES BUSINESS UPDATE
    * DASEKE INC - FREIGHT VOLUMES HAVE IMPROVED FIVE OF LAST
SIX
WEEKS SINCE TROUGHING DURING MONTH OF APRIL
    * DASEKE INC - EXPECTS POSITIVE CASH FLOWS FROM OPERATING
ACTIVITIES AND POSITIVE FREE CASH FLOW IN Q2 ENDING JUNE 30,
2020
    * DASEKE INC - CASH AND CASH EQUIVALENTS AS OF JUNE 1, 2020
INCREASED TO OVER $140 MILLION COMPARED TO $107.5 MILLION AT END
OF Q1
    * DASEKE INC - HAS MADE PROGRESS ON STRATEGIC DIVESTITURE OF
ITS
AVEDA ASSETS AND EXPECTS TO CONCLUDE PROCESS BY END OF Q3 2020

Source text for Eikon:  ID:nGNX4fDcGC 
Further company coverage:  DSKE.O 

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