BRIEF-Strongco Corp posts Q2 loss of $0.37 per share

Thu Aug 4, 2016 8:30pm EDT
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Aug 4 (Reuters) - Strongco Corp

* Strongco announces second quarter 2016 results

* Qtrly loss of $0.37 per share

* Says the wild fires around Fort McMurray during the quarter further exacerbated the already weakened activity

* Strongco Corp says Canadian dollar is expected to remain weak in near term in response to low oil prices, and continues to impact sales and margins

* Qtrly revenues $126.6 million versus $125.0 million

* Says headcount has been reduced by 65 employees in 2016 with an expected annualized savings of $6.9 million. Source text for Eikon: Further company coverage: