PHX Energy Services Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 169.37 million compared to CAD 142.42 million a year ago. Net income was CAD 24.92 million compared to CAD 13.47 million a year ago. Basic earnings per share from continuing operations was CAD 0.5 compared to CAD 0.27 a year ago. Diluted earnings per share from continuing operations was CAD 0.5 compared to CAD 0.27 a year ago. Basic earnings per share was CAD 0.5 compared to CAD 0.27 a year ago. Diluted earnings per share was CAD 0.5 compared to CAD 0.27 a year ago.
For the nine months, sales was CAD 491.01 million compared to CAD 377.99 million a year ago. Net income was CAD 65.45 million compared to CAD 9.42 million a year ago. Basic earnings per share from continuing operations was CAD 1.29 compared to CAD 0.48 a year ago. Diluted earnings per share from continuing operations was CAD 1.28 compared to CAD 0.48 a year ago. Basic earnings per share was CAD 1.29 compared to CAD 0.19 a year ago. Diluted earnings per share was CAD 1.28 compared to CAD 0.19 a year ago.