Markets

Hyduke Revenues, Profit Higher in Q1 2012

Hyduke Energy Services Inc. (HYD.TO), an integrated oilfield services company, announced operating results for the three months ended March 31, 2012.

Highlights:

- Revenue for the current quarter of $33.2 million is up $15.0 million or 82% over the prior year.

- Profit for the current quarter of $2.0 million is up $1.8 million over the prior year.

- Profit per share (basic) for the current year of $0.08 is up $0.07 per share over the prior year.

HYD was last traded on May 15 at 60 cents a share, just 9 cents below year highs.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities