Journey Energy Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CAD 47.82 million compared to CAD 46.34 million a year ago. Net income was CAD 7.71 million compared to CAD 15.48 million a year ago. Basic earnings per share from continuing operations was CAD 0.13 compared to CAD 0.29 a year ago. Diluted earnings per share from continuing operations was CAD 0.11 compared to CAD 0.26 a year ago.
For the nine months, revenue was CAD 140.87 million compared to CAD 142.18 million a year ago. Net income was CAD 12.38 million compared to CAD 57.45 million a year ago. Basic earnings per share from continuing operations was CAD 0.21 compared to CAD 1.12 a year ago. Diluted earnings per share from continuing operations was CAD 0.19 compared to CAD 0.99 a year ago.