Brief: Exco Results For Second Quarter Ended March 31, 2023

Exco Technologies

27/04/2023 22:51

Exco Technologies Ltd  XTC.TO :
    * EXCO RESULTS FOR SECOND QUARTER ENDED MARCH 31, 2023
    * EXCO TECHNOLOGIES LTD - QTRLY EPS OF $0.16
    * EXCO TECHNOLOGIES LTD - QTRLY CONSOLIDATED SALES OF $155.5
MILLION INCREASED 30% OVER PRIOR YEAR QUARTER
    * EXCO TECHNOLOGIES LTD - RESULTS INCLUDE ONE-TIME CASH
COSTS
RELATED TO JANUARY CYBER INCIDENT OF $1.6 MILLION OR $0.03 PER
SHARE
    * EXCO TECHNOLOGIES - DESPITE CURRENT MACRO-ECONOMIC
CHALLENGES,
OVERALL OUTLOOK IS FAVORABLE ACROSS EXCO'S SEGMENTS INTO MEDIUM
TERM
    * EXCO TECHNOLOGIES - ON COST SIDE, INFLATIONARY PRESSURES
REMAIN
ELEVATED
    * EXCO TECHNOLOGIES LTD - ON COST SIDE PROMPT AVAILABILITY
OF
VARIOUS INPUT MATERIALS, COMPONENTS AND LABOUR REMAINS
CHALLENGING

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