Akita Drilling Q3 EPS $(0.05) Down From $0.04 YoY, Sales $69.177M Up From $44.604M YoY
Akita Drilling (TSX:AKT) reported quarterly losses of $(0.05) per share. This is a 225 percent decrease over earnings of $0.04 per share from the same period last year. The company reported $69.177 million in sales
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Why It Matters
Akita Drilling sold more stuff this quarter, but lost more money per share. When a company grows sales but earnings get worse, watch whether it can turn those sales into profits soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.