Academy of Management Perspectives

CEMATRIX Announces 2023 Second Quarter Financial Results

Retrieved on: 
Wednesday, August 9, 2023

CALGARY, Alberta, Aug. 09, 2023 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products announced the release of its consolidated financial results for the quarter ended June 30, 2023.

Key Points: 
  • CALGARY, Alberta, Aug. 09, 2023 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products announced the release of its consolidated financial results for the quarter ended June 30, 2023.
  • “In line with our expectations and following the momentum from a great first quarter, we saw continued improvement in many of our key financial metrics in the second quarter of 2023,” stated Jeff Kendrick, President and CEO of CEMATRIX.
  • “Revenue for the quarter was $6.2 compared to $4.0 million the previous year, a 55% increase.
  • We are set up for a record second half in terms of work scheduled to be completed for our customers.