Aduro Clean Technologies Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
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Source: Yahoo! Finance
Canadian technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, has filed its interim consolidated financial results for the three and nine months ended February 29, 2024 and has provided the following highlights. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Ofer Vicus, CEO of Aduro, remarked, “Q3 was a pivotal quarter for the Company as we continued to advance our technology and expand our market presence. The strategic initiatives undertaken not only enhance our technological capabilities but also reinforce our ability to expand our customer engagement program and further our relationships with key stakeholders.” Mena Beshay, CFO of Aduro, added, “In Q3 we achieved record revenue and maintained a strong cash position. Our financial performance this quarter mirrors the strategic advancements and
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