The results reveal Q3 2019 revenue of $209.2m (£162.3m), with consolidated gross profit margin of 24.4%, down on the previous quarter. Net loss attributable to common shareholders was $3.1m, compared to $400k in the previous year and $51.7m in the prior quarter.

“We were pleased to have exceeded our expectations on both revenue and adjusted EBITDA for the quarter,” said Kevin Clark, president and CEO. 

He added: “We have made steady progress in a short period of time since January, and our targeted investments are beginning to have the desired impact. The market remains strong and we are well positioned to improve profitability and drive continued growth, especially with the successful refinancing of our senior credit facility in late October.”

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