VAL-D'OR, QC, June 26, 2014 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) ("Orbit Garant" or the "Company") deeply regrets to report the death of an employee late yesterday afternoon at a drilling site in Matheson, Ontario. The employee was struck by a tree, which fatally injured him. No one else was injured as a result of the incident. The immediate thoughts of management are with the family, friends and co-workers of [...]
Revenue was $16.0 million in the third quarter of fiscal 2014 ("Q3 FY2014"), compared to $23.7 million in the third quarter of fiscal 2013 ("Q3 FY2013") Gross margin of (6.7%) compared to 14.5% in Q3 FY2013 Adjusted gross margin (excluding depreciation expense) was 7.9%, compared to 25.3% in Q3 FY2013 EBITDA of $(1.1) million compared to $2.9 million in Q3 FY2013 Net loss of $2.9 million, or $(0.09) per share (basic [...]
VAL-D'OR, QC,, April 30, 2014 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) will release its fiscal 2014 third quarter financial results after market close on Tuesday, May 13, 2014. Eric Alexandre, President and CEO, and Alain Laplante, Vice President and CFO, will host a conference call for analysts and investors the following day, Wednesday, May 14, 2014 at 10:00 a.m. (ET). The dial-in numbers for the conference call [...]
Revenue was $16.8 million in the second quarter of fiscal 2014 ("Q2 FY2014"), compared to $24.2 million in the second quarter of fiscal 2013 ("Q2 FY2013") Adjusted gross margin (excluding depreciation expense) was 20.5%, compared to 22.2% in Q2 FY2013 EBITDA of $0.9 million compared to $3.1 million in Q2 FY2013 Net loss of $1.5 million, or $(0.05) per share (diluted) in Q2 FY2014, compared to a net loss of $0.3 [...]
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