Cargojet Inc.

10:03 AM EST - Cargojet Inc. : Announced today financial results for the fourth quarter ended December 31, 2019. Total revenues were $139.7 million, an increase of $7.1 million or 5.4% versus the previous year. Revenue growth excluding fuel surcharges and other pass through costs was 9.2% Gross Margin was $41.6 million, an increase of $4.5 million or 12.1% versus the previous year. Adjusted EBITDA was $47.2 million, an increase of $7.0 million or 17.4% versus the previous year. Cargojet Inc.
shares T.CJT are trading down $1.61 at $118.00.