Brief: LXRandCo Reports Qtrly Net Revenue Increased 39 Pct To $9.9 Million From $7.2 Million
15/08/2018 08:31
Aug 15 (Reuters) - LXRandCo Inc LXR.TO :
* LXRANDCO REPORTS STRONG YEAR-OVER-YEAR REVENUE GROWTH FOR SECOND QUARTER 2018 AS COMPANY
INITIATES UPDATED STRATEGIC PLAN FOCUSED ON MARGIN EXPANSION AND SUSTAINABLE CASH FLOW
GENERATION
* QTRLY NET REVENUE INCREASED 39% TO $9.9 MILLION FROM $7.2 MILLION
* NET LOSS WAS $9.2 MILLION IN THREE-MONTH PERIOD ENDED JUNE 30, 2018, COMPARED TO $45.7
MILLION
IN THREE-MONTH PERIOD ENDED JUNE 30, 2017
Source text for Eikon: ID:nCNW3jfL2a
Further company coverage: LXR.TO
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