NFI Group Inc. (NFI.TO)
- Simply Wall St.
NFI Group First Quarter 2024 Earnings: US$0.08 loss per share (vs US$0.60 loss in 1Q 2023)
NFI Group ( TSE:NFI ) First Quarter 2024 Results Key Financial Results Revenue: US$722.7m (up 38% from 1Q 2023). Net...
- The Canadian Press
NFI Group shrinks net loss in Q1 as revenues rise to US$722.7 million
WINNIPEG — NFI Group Inc. reported a net loss of US$9.4 million in its first quarter, compared with a net loss of US$46 million a year earlier. The bus maker says its net loss per share was eight cents US, compared with a loss of 60 cents US during the same quarter last year. Revenues totalled US$722.7 million, up almost 38 per cent from US$525.2 million a year earlier. The majority of that revenue came from transit buses, which brought in US$449.5 million in revenue, up almost 66 per cent. The
- GlobeNewswire
NFI announces first quarter 2024 results
All figures quoted in U.S. dollars unless otherwise noted: 2024 Q1 revenue of $723 million; 1,127 equivalent units ("EUs") delivered, up 42% from 2023 Q1, with 201 of EUs delivered being battery- and fuel cell-electric buses ("ZEBs"). Ending total backlog2 position (both firm and options) reached a record high of 14,783 EUs (valued at $11.7 billion), with 365 EUs in bid award pending; ZEBs represent 39% of total backlog2.2024 Q1 Net loss of $9 million; Net loss per Share of $0.08, and Adjusted N
