07:11 AM EST, 02/27/2025 (MT Newswires) -- Enerflex ( EFXT ) on Thursday said it swung to a fourth-quarter net income of US$15 million, compared with a loss of US$95 million in the prior year period.

Revenue dipped to US$561 million from US$574 million, missing a FactSet consensus estimate of US$601.6 million.

The company will pay a quarterly dividend of $0.038 per share on March 24.

"As we enter 2025, visibility across our business remains solid, underpinned by a $1.5 billion contract backlog for our Energy Infrastructure assets, the recurring nature of our After-Market Services business, and a $1.3 billion Engineered Systems backlog," said Enerflex ( EFXT ) Chief Executive Marc Rossiter.