Brief: Input Capital Corp. Announces Fy2020 Q1 Results

SSC Security Services

11/02/2020 22:32

Feb 11 (Reuters) - Input Capital Corp  INP.V :
    * INPUT CAPITAL CORP. ANNOUNCES FY2020 Q1 RESULTS
    * INPUT CAPITAL CORP - QTRLY ADJUSTED NET LOSS PER SHARE
(BASIC)
$0.05
    * INPUT CAPITAL CORP - QTRLY TOTAL REVENUE C$12.8 MILLION
VERSUS
C$25.3 MILLION
    * INPUT CAPITAL CORP - "IMPOSSIBLE TO KNOW WHEN OR TO WHAT
DEGREE
CANOLA PRICES WILL RISE, OR IF TRADE TENSIONS WILL BE RESOLVED"
    * INPUT CAPITAL CORP - "PRICE OF CANOLA COULD FALL BELOW
MARGINAL
COST OF PRODUCTION OF OUR FARM CLIENTS, AND OUR CANOLA MARGINS
WOULD REMAIN POSITIVE"
    * INPUT CAPITAL - "WHILE LOWER CANOLA PRICES DO HAVE AN
IMPACT ON
PROFITABILITY OF OUR BUSINESS, EFFECT IS MODERATE, & WE HAVE A
SIGNIFICANT MARGIN OF SAFETY"
    * INPUT CAPITAL CORP - "EVERY ONE OF OUR CONTRACTS REMAINS
PROFITABLE AT TODAY'S PREVAILING CANOLA PRICES"

Source text for Eikon:  ID:nCNWYHZyya 
Further company coverage:  INP.V 

 ((Reuters.Briefs@thomsonreuters.com;))