Brief: Héroux-Devtek Reports Second Quarter Fiscal 2021 Financial Results

Heroux Devtek

13/11/2020 12:04

Nov 13 (Reuters) - Heroux Devtek Inc  HRX.TO :
    * HÉROUX-DEVTEK REPORTS SECOND QUARTER FISCAL 2021 FINANCIAL
RESULTS
    * Q2 SALES C$137.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF
C$128.6 MILLION
    * Q2 EARNINGS PER SHARE C$0.11
    * Q2 EARNINGS PER SHARE ESTIMATE C$0.09 -- REFINITIV IBES
DATA
    * APPROXIMATELY 70% OF EXPECTED WORKFORCE REDUCTIONS
COMPLETED TO
DATE
    * MADE DECISION TO ALSO CLOSE HÉROUX-DEVTEK'S WICHITA
FACILITY
    * DECISION TO CLOSE WICHITA FACILITY WILL AFFECT 37
ADDITIONAL
EMPLOYEES
    * Q2 ADJUSTED EARNINGS PER SHARE C$0.17

Source text for Eikon:  ID:nCNWwpW1sa 
Further company coverage:  HRX.TO 

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