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AKITA Drilling Swings to Q3 Loss

AKITA Drilling Swings to Q3 Loss

MT newswireMT newswire2026/11/05 20:46
By:MT newswire
04:46 PM EST, 11/05/2026 (MT Newswires) -- AKITA Drilling (AKT.TO) after the market close on Thursday reported a third-quarter net loss of CA$0.05 per share, compared with net income of CA$0.04 per share in the year-prior quarter, missing FactSet consensus of net income of CA$0.01 per share. Third-quarter revenue dropped 55% to CA$69.2 million from CA$44.6 million in the same period of 2025.
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