FONT-SIZE Plus   Neg

Leader Energy Q4 Profit Rises - Quick Facts

Oil and gas services provider Leader Energy Services Ltd. (LEA.V) Tuesday, reported a higher profit for the fourth quarter as revenues rose 27 percent.

The Calgary, Alberta-based company reported a fourth-quarter net profit of $1.96 million or $0.09 per share, compared to $1.10 million or $0.03 per share last year.

Total revenues for the quarter grew 27 percent to $11.14 million from $8.77 million in the prior-year quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
AT&T announced a definitive agreement to purchase Time Warner in a stock-and-cash transaction valued at $107.50 per share. This purchase price implies a total equity value of $85.4 billion and a total transaction value of $108.7 billion, including Time Warner's net debt. AT&T expects the deal to close before year-end 2017. Chipmaker Qualcomm is reportedly in talks with NXP Semiconductor NV (NXPI) for a possible acquisition, reports said. According to Bloomberg, negotiations are on with a probable price of $110 t $120 per NXP share. The deal would value NXP at around $34.7 billion. Regulators have confirmed the eleventh U.S. fatality linked to Takata Corp.'s defective air bag inflators. The National Highway Traffic Safety Administration or NHTSA said Thursday that a crash fatality in Riverside County, California, was tied to the rupture of a recalled Takata air bag inflator.
comments powered by Disqus
Follow RTT