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BRIEF-Tuckamore says Fort McMurray area wildfires impacts Clearstream

Published 2016-05-11, 07:33 a/m
© Reuters.  BRIEF-Tuckamore says Fort McMurray area wildfires impacts Clearstream
FLNT
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May 11 (Reuters) - Tuckamore Capital Management Inc TX.TO :
* Qtrly loss per share from continuing operations, basic
$0.15
* Tuckamore capital management inc qtrly revenue $68.6
million versus $92.0 million
* Forest wildfires in Fort McMurray area have impacted
western canadian oil and gas industry, including Clearstream
* Revenue expected to increase in Q2 compared to Q1 for
maintenance,construction,fabrication,wear technology segments
* Gross profit expected to increase in Q2 compared to q1 for
maintenance,construction,fabrication,wear technology segments
* To assist residents of Fort McMurray, some major clients
announced reductions in production volumes
* Expect financial results to be lower on yoy basis for
maintenance,construction and fabrication,wear technology
segments
* Expected that lower production volumes may result in
reduced demand for oil & gas services, may impact results in Q2
* Tuckamore announces first quarter 2016 financial results

Source text for Eikon: ID:nCCN8WlPqG
Further company coverage: TX.TO

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