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Stocks in play: Dorel Industries Inc.
Announced its financial results for the third quarter ended September 30, 2024. Third-quarter revenue was US$354.2 million, compared to US$359.7 million, down 1.5% from the same period a year ago. Reported net loss was US$21.9 million or US$0.67 per diluted share, compared to US$10.4 million or US$0.32 per diluted share last year. Adjusted net loss for 2024 was US$20.2 million or US$0.62 per diluted share as compared to US$10.4 million or US$0.32 per diluted share last year. Dorel Industries Inc. shares T.DII.A are trading down $0.01 at $5.00.
