Pason reported 1Q16 EBITDAS of $9 mm, well below our estimate of $16 mm as fixed costs were more prominent than we anticipated.
12 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:
12 May 2016 -
Author:
Ian B. Gillies -
Pages:
6
Pason reported 1Q16 EBITDAS of $9 mm, well below our estimate of $16 mm as fixed costs were more prominent than we anticipated.