RediShred Capital Q1 2023 Earnings Report

RediShred Capital EPS Results

• Actual EPS: C$0.04
• Consensus EPS: C$0.05
• Beat/Miss: Missed by -C$0.01
• One Year Ago EPS: N/A

RediShred Capital Revenue Results

• Actual Revenue: $17.00 million
• Expected Revenue: $15.00 million
• Beat/Miss: Beat by +$2.00 million
• YoY Revenue Growth: N/A

RediShred Capital Announcement Details

• Quarter: Q1 2023
• Date: 5/25/2023
• Time: N/A

RediShred Capital (CVE:KUT), together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates corporate shredding locations. The company also provides shredding and destruction services; offers electronic waste disposal services under the Secure e-Cycle brand name; sells recycled paper and other recyclable by-products, such as metals and plastics; and resells electronics. In addition, it offers digital imaging, scanning, and related workflow management services. The company was incorporated in 2006 and is headquartered in Mississauga, Canada.