07:29 AM EDT, 08/07/2025 (MT Newswires) -- Enerflex ( EFXT ) said Thursday that its net earnings surged in the second quarter, driven by a US$15 million gain related to redemption options of its senior secured notes.

The company posted net earnings of US$60 million, or $0.49 per share, jumping from US$5 million, or US$0.04 per share.

Enerflex ( EFXT ) said its earnings also benefitted from higher gross margin, lower expenses, lower net finance costs and reduced income tax expense.

Revenue totaled US$615 million, beating the analyst consensus estimate of US$557.5 million compiled by FactSet and up from US$614 million a year ago.

Adjusted EBITDA rose to US$130 million from US$122 million.

"We're proud to deliver another quarter of strong financial and operational performance, reflecting the consistent execution and resilience of our global platform," interim President and CEO Preet Dhindsa said.

The board declared a quarterly dividend of C$0.0375 per share, payable Sept. 2 to shareholders of record on Aug. 18.