Impact: Negative, as EBITDAS of $9 mm was well below consensus of $14 mm and our estimate of $16 mm. However, we expect an improvement in margins in upcoming quarters due to restructuring that is currently underway or executed in 1Q16.
10 May 2016
REPORTS 1Q16 RESULTS SIGNIFICANTLY BELOW EXPECTATIONS
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REPORTS 1Q16 RESULTS SIGNIFICANTLY BELOW EXPECTATIONS
Pason Systems Inc. (PSI:TSE) | 0 0 -0.1% | Mkt Cap: 1,477m
- Published:
10 May 2016 -
Author:
Ian Gillies -
Pages:
3
Impact: Negative, as EBITDAS of $9 mm was well below consensus of $14 mm and our estimate of $16 mm. However, we expect an improvement in margins in upcoming quarters due to restructuring that is currently underway or executed in 1Q16.