Colabor Group Inc.

10:49 AM EST - Colabor Group Inc. : Reported its results for the first quarter of fiscal 2017 ended March 25. The company reported a $1.9-million reduction from prior-year quarter in seasonal net loss to $3.4 million. Adjusted EBITDA was $0.9 million. There was also a significant decrease of $1.2 million in financial expenses reflecting debt reduction. Colabor Group Inc. shares T.GCL are trading down $0.08 at $0.95.