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01 Jul
21:34

Worthington posts quarterly loss, reveals two new transactions

Worthington Enterprises has reported a quarterly loss due to restructuring costs and announced two new strategic transactions, Kallanish discovers from examining the company’s earnings report and conference call. The quarterly loss for the company's fiscal fourth quarter ended 31 May is attributable to significantly higher impairment and restructuring charges stemming from the deconsolidation of the former Sustainable Energy Solutions segment. Worthing…
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