TSX:BDGIConstruction
Badger Infrastructure Solutions (TSX:BDGI) Stock Cools As Margins And Utilization Impress
Badger Infrastructure Solutions stock has cooled off in recent weeks, even as the long run chart still shows gains. That hesitation meets a quarter where the business just put real weight behind its story. Q2 revenue reached US$257.1m and adjusted EBITDA hit US$66.1m with a 25.7% margin, a powerful combination for an asset heavy infrastructure services company.
The market now has to decide whether recent share price softness reflects healthy profit taking or a misread of an earnings print...