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Precision Drilling Swings to Q3 Earnings, Revenue Rises

Precision Drilling Swings to Q3 Earnings, Revenue Rises

MT newswireMT newswire2026/10/28 07:55
03:55 AM EDT, 10/28/2026 (MT Newswires) -- Precision Drilling (PDS) reported fiscal Q3 net income late Tuesday of 1.65 Canadian dollars ($1.17) per diluted share, compared with a loss of CA$0.51 a year earlier. An analyst polled by FactSet expected CA$2.11. Revenue for the quarter ended Sept. 30 was CA$531.7 million, up from CA$462.3 million a year earlier. Analysts expected CA$531.5 million.
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