Stampede Drilling Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 20.72 million compared to CAD 6.48 million a year ago. Net income was CAD 2.87 million compared to CAD 0.225 million a year ago. Basic earnings per share from continuing operations was CAD 0.02. Diluted earnings per share from continuing operations was CAD 0.02.
For the nine months, sales was CAD 43.64 million compared to CAD 22.98 million a year ago. Net income was CAD 4.73 million compared to CAD 2.48 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to CAD 0.02 a year ago. Diluted earnings per share from continuing operations was CAD 0.03 compared to CAD 0.02 a year ago.