Interfor Reports Q3'24 Results
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Interfor Corporation reported a significant net loss of $105.7 million in Q3'24, with an adjusted EBITDA loss of $22 million. This marks a deterioration from previous quarters, indicating financial challenges for the company.
November 06, 2024 | 10:30 pm
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Interfor Corporation reported a net loss of $105.7 million in Q3'24, worsening from previous quarters. The adjusted EBITDA loss was $22 million, indicating financial difficulties.
The reported net loss and adjusted EBITDA loss indicate worsening financial performance for Interfor, which is likely to negatively impact its stock price in the short term. The increase in losses compared to previous quarters suggests ongoing financial challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100