Onex Q3 Net Earnings Decline
(RTTNews) - Onex Corp. (ONEX.TO), Friday announced third-quarter financial results, reporting net earnings of $39 million, or $0.57 a share, compared to $127 million, or $1.68 a share, last year.
EBIT declined to $40 million from $127 million in the previous year.
Total income decreased to $129 million from $199 million a year earlier.
Onex's stock closed at C$117.65, down 1.19 percent on the Toronto.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.