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Enerflex Swings to Q1 Profit Even as Revenue Falls
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Enerflex Swings to Q1 Profit Even as Revenue Falls
May 26, 2025 4:04 AM

07:04 AM EDT, 05/08/2025 (MT Newswires) -- Enerflex ( EFXT ) on Thursday said it swung to a first-quarter profit even as revenue declined.

For the quarter, the company posted a net profit of US$24 million, compared with a loss of US$18 million in the same period last year. Revenue came in at US$552 million, down from US$638 million. Adjusted EBITDA increased to US$113 million from US$69 million.

The board declared a quarterly dividend of C$0.0375 per share, payable on June 3 to shareholders of record on May 21.

Enerflex's ( EFXT ) share price at last look fell 5.7% to US$6.42 in U.S. pre-market trading.

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