Orbit Garant Drilling Inc. reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was CAD 44.32 million compared to CAD 53.24 million a year ago. Net loss was CAD 0.434 million compared to net income of CAD 1.08 million a year ago.

Basic loss per share from continuing operations was CAD 0.01 compared to basic earnings per share from continuing operations of CAD 0.03 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to diluted earnings per share from continuing operations of CAD 0.03 a year ago.