Calfrac Well Services Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
For the six months, sales was CAD 959.79 million compared to CAD 613.04 million a year ago. Net income was CAD 91.6 million compared to net loss of CAD 57.73 million a year ago. Basic earnings per share from continuing operations was CAD 1.07 compared to basic loss per share from continuing operations of CAD 0.65 a year ago. Diluted earnings per share from continuing operations was CAD 0.98 compared to diluted loss per share from continuing operations of CAD 0.65 a year ago. Basic earnings per share was CAD 1.13 compared to basic loss per share of CAD 1.51 a year ago. Diluted earnings per share was CAD 1.03 compared to diluted loss per share of CAD 1.51 a year ago.