The legaltech firm reported a net loss of $10.6 million in the third quarter, compared with $1.3 million for the same period last year. Dye & Durham shares closed roughly 3.5 per cent higher Wednesday afternoon. (The Logic)
Skip to content
The legaltech firm reported a net loss of $10.6 million in the third quarter, compared with $1.3 million for the same period last year. Dye & Durham shares closed roughly 3.5 per cent higher Wednesday afternoon. (The Logic)
Talking point: Dye & Durham’s earnings report comes on the heels of a busy year of acquisitions. Since going public last summer, the company has spent roughly $800 million on M&A. That has driven its revenue upward, but also increased its financing costs. Still, CEO Matthew Proud told BNN Bloomberg in an interview Wednesday that he is willing to tap debt markets even further if a strong acquisition opportunity presented itself, given how low interest rates are right now.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Exclusive
Canada’s new AI strategy includes $500M fund to back key firms
Briefing
U of T researchers use free AI models to create dangerous cyberattack ‘worm’
Canada to strengthen forced labour ban after U.S. threatens 10% tariffs
Shopify ups share buy-back program to US$5B
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
