407 International, Inc. has announced revenue of $382.7 million in the third quarter of 2018, compared to $348.7 million earned in the same quarter for 2017.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached $251 million in the first quarter of 2018, compared to $307.8 million in the same period for 2017. The company reported net earnings of $157 million for the third quarter in 2018, compared to $143.2 million last year.
The Board of Directors reported dividends of $0.302 for common shares, payable on or around October 18, 2018, to shareholders registered as of October 18, 2018.
The Board of Directors named Derek Bitar as interim Acting Chief Financial Officer effective September 24, due to the departure of current Chief Financial Officer, Geoffrey Liang.