High Arctic Energy Services Inc reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CAD 9.53 million compared to CAD 28.7 million a year ago. Net loss was CAD 0.625 million compared to CAD 2.67 million a year ago.

Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.05 a year ago.