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.
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