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● Quarterly report cites substantial doubt about going concern
● GreatBasinexpansion cost estimate was raised
● ReportedNet Incomerecovered only against prior-year impairments
● Outlook lowered again on peer-to-peer rival spending
● Full-year guidance raised for a second straight quarter
● Adjusted EPS guidance moved higher
Key Highlights● Net sales rose strongly on volume, share gains and distributor load-in● GrossMarginnarrowed on freight,Depreciationand start-up costs● Profit edged higher● Full-year net sales and adjusted EBITDA outlook raisedTrex Company, Inc. (NYSE:TREX), one of the midcap building products names reporting recently, said that third-quarter …
● FreeCash Flownarrowed under heavier project spending
● Georgia traffic surged after a state program expansion
Key Highlights● Revenue andWritten Premiumrose year over year● Low end of organic growth and EBITDAMarginranges raised● TotalRevenuerange was unchanged● Net income slipped and retention easedTWFG, Inc. (NASDAQ:TWFG), an independent insurance distributor based in The Woodlands, Texas, moved into focus among small-cap insurance distribution stocks …
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