Brief: Supremex Reports Qtrly Earnings Per Share $0.09

Supremex

15/05/2020 12:34

May 15 (Reuters) - Supremex Inc  SXP.TO :
    * SUPREMEX ANNOUNCES Q1 2020 RESULTS
    * SUPREMEX INC- QTRLY TOTAL REVENUE INCREASED 5.6% TO $52.4
MILLION FROM $49.7 MILLION IN Q1 OF 2019
    * SUPREMEX INC- QTRLY ENVELOPE SEGMENT REVENUE INCREASED BY
10.3%
TO 39.1 MILLION FROM $35.5 MILLION IN Q1 OF 2019
    * SUPREMEX INC - EXPECTS OPERATIONS AND FINANCIAL RESULTS TO
BE
NEGATIVELY AFFECTED
    * SUPREMEX- AT AN ADVANCED STAGE OF DISCUSSION WITH LENDERS
TO
OBTAIN MORE FAVORABLE DEBT TO EBITDA COVENANT RATIO FOR
REMAINDER OF FISCAL YEAR 2020
    * SUPREMEX INC - DECIDED TO SUSPEND QUARTERLY DIVIDEND UNTIL
FURTHER NOTICE
    * SUPREMEX INC - EXPECTS TO HAVE SUFFICIENT LIQUIDITY TO
MEET
CURRENTLY ANTICIPATED NEEDS FOR NEXT TWELVE MONTHS
    * SUPREMEX INC- QTRLY EARNINGS PER SHARE $0.09

Source text for Eikon:  ID:nCNW7rvhxa 
Further company coverage:  SXP.TO 

 ((Reuters Messaging: Reuters.Briefs@thomsonreuters.com))