NFI Group (TSX:NFI) total revenue drops by US$61.5 million in Q3 2020. | CAN |

1 min read | November 12, 2020 05:49 AM EST | By Team Kalkine Media

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NFI Group Inc reported total revenue of US$663.9 million in the third quarter of 2020, down US$61.5 million from Q3 2019. The vehicle manufacturer registered an adjusted EBITDA of US$60.9 million in Q3 2020, a drop of US$16 million from Q3 2020.

Boralex Inc’s (TSX:BLX) Combined EBITDA(A) Surges 18% YoY in Q3 The Canadian electricity provider registered a combined EBITDA (adjusted to include other items) of C$83 million in the third quarter of 2020, an 18 percent surge from Q3 2019. The utility company reported a power production of 789 GWh in Q3 2020, an 11 percent increase from 712 GWh in Q3 2019.

* Absolute Software (TSX:ABST) Revenue Spikes 11% YoY Revenue touched US$28.5 million in Q1 FY2021 (ending September 30, 2020) Net income decreased by 25 percent year-over-year to US$2.6 million. The total annual recurring revenue (ARR) stood at US$111.7 million, representing a 13 percent year-over-year growth. The cash generated from operating activities in Q1 FY2021 was US$14.7 million, 97 percent up as compared to US$7.5 million in Q1 2020.

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