Trican Well Service Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 252.5 million compared to CAD 258.28 million a year ago. Net income was CAD 36.38 million compared to CAD 38.19 million a year ago. Basic earnings per share from continuing operations was CAD 0.17 compared to CAD 0.16 a year ago. Diluted earnings per share from continuing operations was CAD 0.17 compared to CAD 0.16 a year ago.
For the nine months, sales was CAD 717.77 million compared to CAD 629.82 million a year ago. Net income was CAD 92.25 million compared to CAD 53 million a year ago. Basic earnings per share from continuing operations was CAD 0.42 compared to CAD 0.22 a year ago. Diluted earnings per share from continuing operations was CAD 0.41 compared to CAD 0.21 a year ago.