A beat on revenue and eps Major Drilling Group International Inc. (MDI-T) reported revenue of $170.7-million, up 50 per cent compared to the same period last year and ahead of expectations of $162.5-million.
Net earnings of $14.3-million or 17 cents per share, which the company said was its highest in nine years and up about 100 per cent from the same period last year, which was $7-million or 9 cents per share. Analysts were expecting earnings of 16 cents