Aveda Transportation and Energy Services Inc. ("Aveda" or the "Company") (TSX VENTURE: AVE), a leading provider of oilfield hauling services and equipment rentals to the energy industry, is pleased to announce its results for the three months ended March 31, 2017.
2017 First Quarter Business Highlights
"The efforts of our team have resulted in Aveda posting record revenue of $41 million in the first quarter of 2017," said Ronnie Witherspoon, President and Chief Executive Officer of Aveda. "I am extremely excited by our results to date and look forward to continued success throughout 2017."
The Company's consolidated financial statements and Management's Discussion and Analysis are available on the Company's website at www.avedaenergy.com and the SEDAR website at www.sedar.com.
Investor Relations Update
The Company has posted an updated corporate presentation to its website. The updated corporate presentation can be found at http://www.avedaenergy.com/investor-hub/presentations/default.aspx.
Aveda's CEO and CFO also expect to be making presentations to retail and institutional investors in May and June 2017.
The Company will host its first quarter fiscal 2017 results conference call on Wednesday, May 17, 2017 at 10:30 a.m. Eastern Time (ET). President and CEO Ronnie Witherspoon and Vice-President, Finance and CFO Bharat Mahajan will discuss Aveda's financial results for the quarter and then take questions from securities analysts.
To access the conference call by telephone, dial (416) 915-3239 or (403) 351-0324. A live audio webcast of the conference call will be available at: http://services.choruscall.ca/links/aveda20170517.html.
The conference call webcast will be archived and available until June 30, 2017 at:
The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.