Phxtech: PHX Energy Services Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024

PHX Energy Services Corp. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was CAD 160.63 million compared to CAD 169.37 million a year ago. Net income was CAD 10.16 million compared to CAD 24.92 million a year ago. Basic earnings per share from continuing operations was CAD 0.22 compared to CAD 0.5 a year ago. Diluted earnings per share from continuing operations was CAD 0.22 compared to CAD 0.5 a year ago. For the nine months, sales was CAD 480.99 million compared to CAD 491.01 million a year ago. Net income was CAD 40.53 million compared to CAD 65.45 million a year ago. Basic earnings per share from continuing operations was CAD 0.86 compared to CAD 1.29 a year ago. Diluted earnings per share from continuing operations was CAD 0.86 compared to CAD 1.28 a year ago.