Our roundup of Canadian small-caps of between $100-million and $3-billion in market capitalization making news
Cargojet Inc. (CJT-T) reported third-quarter revenues of $232.7-million compared to $189.5-million a year ago. The results was below expectations of $244.2-million, according to S&P Capital IQ.
Net income for the quarter was $83.4-million or $4.77 per share compared to net loss of $12.9-million in 2021 or 74 cents a year ago. The expectation was for EPS to come in at $1.75 in the latest quarter.
The company said there was a net loss of $1.9-million in the quarter excluding a warrant valuation gain compared to net income of $23.9-million excluding warrant valuation loss.
CWC Energy Services Corp. (CWC-T) reported third-quarter revenue of $61.8-million up from $27.8-million a year ago.
Net income of $9.5-million or 3 cents per share compared to net income of $2-million or a penny per share a year ago.
CloudMD Software & Services Inc. (DOC-X) announced a deal to sell its B.C.-based pharmacies to Neighbourly Pharmacy Inc. (NBLY-T) for approximately $3.8-million.
Absolute Software (ABST-T) announced the appointments of Jim Lejeal as chief financial officer and Samir Sherif as chief information security officer.