Overview

* Questor Q3 revenue declined yr/yr due to longer sales cycles and commissioning delays

* Adjusted EBITDA for Q3 was negative, reflecting lower sales and rental activity

* Company secured C$9 mln contract in Mexico for clean combustion solutions

Outlook

* Questor plans to scale rental-fleet capacity to meet global demand efficiently

* Company aims to expand international presence through strategic partnerships

* Questor focuses on integrating energy recovery for emissions reduction and power generation

Result Drivers

* LONGER SALES CYCLES - Q3 revenue decline attributed to extended sales cycles for international projects and commissioning delays in Mexico

* INTERNATIONAL SALES GROWTH - Nine-month revenue increase driven by growth in international equipment sales

* FIXED COST PRESSURE - Negative Q3 gross profit margin due to consistent fixed operating costs amid lower sales volumes

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Basic -C$0.05

EPS

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the environmental services & equipment peer group is "buy"

* Wall Street's median 12-month price target for Questor Technology Inc ( QUTIF ) is C$0.78, about 40.6% above its November 18 closing price of C$0.46

* The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)