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NFI Group Inc.

10:23 AM EST - NFI Group Inc. : Announced its financial results for 2020 Q3. The company reported a net loss of $24.9 million , or $(0.40) per Share in the quarter driven by restructuring charges associated with NFI Forward initiatives and a one-time, non-cash mark-to-market adjustment from the October 2020 sale of pre-owned motor coach assets, which generated approximately $19 million of cash. Adjusted Net Earnings of $5.7 million, or $0.09 per Share, normalized for $17.5 million of non-recurring restructuring charges and $16.8 million of COVID-19 related charges. NFI Group Inc


shares T.NFI are trading up $0.78 at $18.06.