Precision Drilling Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
For the nine months, sales was CAD 1,430.98 million compared to CAD 1,106.69 million a year ago. Net income was CAD 142.52 million compared to net loss of CAD 37.78 million a year ago. Basic earnings per share from continuing operations was CAD 10.45 compared to basic loss per share from continuing operations of CAD 2.79 a year ago. Diluted earnings per share from continuing operations was CAD 9.84 compared to diluted loss per share from continuing operations of CAD 2.79 a year ago.