Major Drilling Sees Recovery in Fourth Quarter
MONCTON, New Brunswick (June 8, 2010) – Major Drilling Group International Inc. (TSX: MDI) reported results for its fourth quarter of fiscal year 2010, ended April 30, 2010. Financial Highlights:
– Major Drilling posted quarterly revenue of $97.4 million, up 47 percent from the $66.4
million recorded for the same quarter last year.
– Net earnings were $3.2 million or $0.14 per share for the quarter compared to a net loss
of $4.6 million or $0.19 per share for the prior year quarter.
Read the full report