Major Drilling Group International Inc. reported earnings results for the third quarter and nine months ended January 31, 2023. For the third quarter, the company reported sales was CAD 149.23 million compared to CAD 138.75 million a year ago. Net income was CAD 6.27 million compared to CAD 5.68 million a year ago. Basic earnings per share from continuing operations was CAD 0.08 compared to CAD 0.07 a year ago. Diluted earnings per share from continuing operations was CAD 0.08 compared to CAD 0.07 a year ago.
For the nine months, sales was CAD 550.78 million compared to CAD 460.44 million a year ago. Net income was CAD 54.13 million compared to CAD 31.03 million a year ago. Basic earnings per share from continuing operations was CAD 0.65 compared to CAD 0.38 a year ago. Diluted earnings per share from continuing operations was CAD 0.65 compared to CAD 0.38 a year ago.