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BRIEF-LXRandCo Reports Qtrly Net Revenue Increased 39 Pct To $9.9 Million From $7.2 Million

Published 2018-08-15, 03:31 a/m
© Reuters.  BRIEF-LXRandCo Reports Qtrly Net Revenue Increased 39 Pct To $9.9 Million From $7.2 Million
LXR
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Aug 15 (Reuters) - LXRandCo Inc LXR.TO :

* LXRANDCO REPORTS STRONG YEAR-OVER-YEAR REVENUE GROWTH FOR SECOND QUARTER 2018 AS COMPANY INITIATES UPDATED STRATEGIC PLAN FOCUSED ON MARGIN EXPANSION AND SUSTAINABLE CASH FLOW GENERATION

* QTRLY NET REVENUE INCREASED 39% TO $9.9 MILLION FROM $7.2 MILLION

* NET LOSS WAS $9.2 MILLION IN THREE-MONTH PERIOD ENDED JUNE 30, 2018, COMPARED TO $45.7 MILLION IN THREE-MONTH PERIOD ENDED JUNE 30, 2017

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