Information technology services company EOH on June 9 reported that it had achieved positive earnings before interest, taxes, depreciation and amortisation (Ebitda) during the third quarter, ended April 30. While revenue did experience downward pressure owing to the lock down, the company achieved a positive Ebitda as a result of the focus by management on costs and the elimination of unnecessary spend. The company also achieved positive cash generation from operations during the quarter.
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