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BRIEF-Colabor Group Reports Results For Q1 2020

Published 2020-04-29, 06:10 p/m
GCL
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April 29 (Reuters) - Colabor Group Inc GCL.TO :

* COLABOR GROUP REPORTS RESULTS FOR THE FIRST QUARTER 2020

* COLABOR GROUP - QTRLY SALES DECLINED TO $111.6 MILLION, COMPARED TO $126.5 MILLION FOR CORRESPONDING PERIOD OF 2019

* COLABOR GROUP - QTRLY LOSS PER SHARE $0.08

* COLABOR GROUP - ALTHOUGH PANDEMIC BEGAN TO IMPACT AT END OF Q1 OF 2020, CO EXPECTS TO EXPERIENCE GREATER IMPACTS IN COMING MONTHS

* COLABOR GROUP - FOR Q2 OF 2020, SEES SALES FROM CONTINUING OPERATIONS TO AMOUNT BETWEEN $80 TO $90 MILLION

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