Hyduke Energy Services Inc. announced earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue of $12,206,000 against $6,033,000 a year ago. Net loss from continuing operations was $906,000 against $937,000 a year ago. Net loss was $914,000 against $935,000 a year ago. Diluted loss per share from continuing operations of $0.01. LBITDAS was $29,000 against $582,000 a year ago.

For fiscal 2018, the company announced that although it is still not where management would like to be in terms of generating positive EBITDA and free cash flow from operations after debt servicing expenses and capital investments, the progress is steady and the year-over-year improvement meaningful.