Crown Cap (TSE:CRWN) has released an update.
Crown Capital Partners posted a net loss of $2.7 million in Q3 2024, compared to a $1.8 million loss in the same period last year, despite improvements in certain segments like Distribution Services and Network Services. The company saw an increase in adjusted EBITDA to $0.8 million, partly due to operational efficiencies and increased capacity utilization. However, challenges remain in other areas, such as Distributed Power and Real Estate, contributing to a significant reduction in total equity.
For further insights into TSE:CRWN stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- ‘Get Ready for the Next Leg Up,’ Says Piper Sandler About Nvidia Stock
- M&A News: Paramount’s (NASDAQ:PARA) Merger with Skydance May Get Delayed
- Ford (NYSE:F) Cuts Hours At German EV Plant
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
