Ceridian HCM Holding Declares 2Q Earnings Results
Ceridian HCM Holding Declares 2Q Earnings Results
themarketsignal.com/Free-Report/CDAY
Ceridian HCM Holding Inc. (TSX:CDAY) institutional ownership is 74.70%. It indicates that investors are looking for a long-term relationship. During the release of its Q2 2020 results, the company noted that half of its producing assets were impacted by the pandemic shutdowns with the Fruta del Norte and Santa Elena the most affected. Despite the company still had an operating cash flow of $13.4 million which shows that the business is solid.
The company’s CEO, Nolan Watson stated that the pandemic greatly impacted the Cerro Moro operations with the mine operating at half capacity and thus Q3 sales are likely to be affected. However, the company is optimistic that it will have record revenue and post cash flow in Q4.
themarketsignal.com/Free-Report/CDAY
Ceridian HCM Holding Inc. (TSX:CDAY) institutional ownership is 74.70%. It indicates that investors are looking for a long-term relationship. During the release of its Q2 2020 results, the company noted that half of its producing assets were impacted by the pandemic shutdowns with the Fruta del Norte and Santa Elena the most affected. Despite the company still had an operating cash flow of $13.4 million which shows that the business is solid.
The company’s CEO, Nolan Watson stated that the pandemic greatly impacted the Cerro Moro operations with the mine operating at half capacity and thus Q3 sales are likely to be affected. However, the company is optimistic that it will have record revenue and post cash flow in Q4.
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