BRIEF-Exro Launches Post-Acquisition Transformation And Releases Q1 Financial Results-February 2024-www.financetom.com

BRIEF-Exro Launches Post-Acquisition Transformation And Releases Q1 Financial Results

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BRIEF-Exro Launches Post-Acquisition Transformation And Releases Q1 Financial Results

May 15, 2024 8:32 PM

May 15 (Reuters) - Exro Technologies Inc ( EXROF ):

* EXRO LAUNCHES POST-ACQUISITION TRANSFORMATION AND RELEASES

FINANCIAL RESULTS

* EXRO ( EXROF ) - IMPLEMENTING TEAM INTEGRATION, COST CUTTING

MEASURES

WHICH TARGET AN ANNUALIZED REDUCTION IN G&A EXPENSES OF UP TO

US$10 MILLION IN 2024

* ANTICIPATES ADDITIONAL EFFICIENCIES TO BE REALIZED AND

ALIGNED

WITH A TARGETED PATH TO PROFITABILITY BY Q2 2025

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