Wednesday, Trinidad Drilling Ltd. (TDG.TO) said its third-quarter net loss was C$12.14 million or C$0.10 per share compared with a profit of C$20.37 million or C$0.21 per share in the prior year period.
Net loss before impairment of intangible asset was C$12.14 million or C$0.10 per share versus a profit of C$20.37 million or C$0.21 per share in the year-ago period. Net loss before stock-based compensation was C$10.05 million or C$0.08 per share compared with a profit of C$21.57 million or C$0.22 per share in the previous year.
Revenue for the quarter declined to C$126.14 million from C$191.68 million in the comparable period.
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