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Stocks in play: Polaris Infrastructure Inc.

Baystreet.ca
·1 min read

Reported its audited financial and operating results for the year ended December 31, 2019. The company generated $71.2 million in revenue from energy sales during 2019. Polaris reported $14.5 million in total net earnings and comprehensive earnings attributable to us, equivalent to $0.92 per share - basic. It also reported $58.9 million in Adjusted EBITDA, for the 2019 year, compared to $56.3 million Adjusted EBITDA for the 2018 year. Polaris Infrastructure Inc. shares T.PIF are trading down $0.96 at $15.32.

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