(1)
Cash flow from operating activities is provided as a comparable measure to cash flow from operating activities before working capital adjustments.
(2)
Per share, basic and diluted measures calculated by dividing the respective financial measure with the weighted average common shares outstanding for the respective period.
Business Outlook and Strategic Milestones
Badger is positioning the business to take advantage of an expected strong market recovery in 2021 from the COVID-19 pandemic and to prepare for the traditional summer construction season. Badger began hiring and training operators, sales people and operations staff in the fourth quarter of 2020 and has continued this activity in the first quarter of 2021. Also commencing in the fourth quarter of 2020 and continuing in 2021, Badger has made investments to enhance its organizational design and management structure.
Canada's main stock index fell on Friday as mining stocks tracked weaker bullion prices, while data showed the nation added far more jobs than expected in February.
Canadian Labour, Wholesale Figures Due Next Week
Monday
Featured Earnings
Casey’s General Stores, Inc. (NASDAQ:CASY) (Q3) EPS projected for 93 cents, compared to 91 cents in the prior-year quarter.
CarParts.com, Inc. (NASDAQ: PRTS) (Q4) EPS projected for loss of 18 cents, compared to a loss of 70 cents in the prior-year quarter.
Clarus Corporation (NASDAQ: CLAR) (Q4) EPS projected for 29 cents, compared to 20 cents in the prior-year quarter.
Canada
Featured Earnings
Americas Gold and Silver Corporation (T.USA) (Q4) EPS projected for a loss of five cents, compared to a loss of seven cents in the prior-year quarter.
Geodrill Limited (T.GEO) (Q4) EPS projected for five cents, identical to the prior-year quarter.
Thursday s analyst upgrades and downgrades - The Globe and Mail theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
James Langton
Securities regulators have long targeted “pump-and-dump” schemes that aim to drive up stock prices with baseless hype. Now, regulators are going after so-called “short-and-distort” campaigns, in which short-sellers badmouth companies in an effort to drive down stock prices.
Certain Bay Street factions have long complained about the role of short-sellers in the Canadian market. More recently, there have been concerns about the threat of activist short-sellers traders who don’t just quietly bet against companies they see as overvalued, but broadcast their views to the rest of the market.
Critics complain that activist short-sellers can make baseless allegations against a company in order to drive down its stock price and lock in an easy profit. Defenders of the practice argue these gadflies can help expose corporate misconduct and serve as an important check on the overwhelmingly positive bias in mainstream analyst coverage.