Geodrill Ltd. Q4 Loss Decreases, But Misses Estimates

Geodrill Ltd. (GEO.TO) revealed Loss for fourth quarter that decreased from the same period last year but missed the Street estimates.

The company's earnings came in at -$0.50 million, or -$0.01 per share. This compares with -$1.38 million, or -$0.03 per share, last year.

Analysts on average had expected the company to earn $0.04 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 10.2% to $33.12 million from $30.06 million last year.

Geodrill Ltd. earnings at a glance (GAAP) :

-Earnings: -$0.50 Mln. vs. -$1.38 Mln. last year.
-EPS: -$0.01 vs. -$0.03 last year.
-Revenue: $33.12 Mln vs. $30.06 Mln last year.

by RTTNews Staff Writer

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