Phxtech: PHX Energy Services Corp. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2024

PHX Energy Services Corp. reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was CAD 178.68 million compared to CAD 165.33 million a year ago. Net income was CAD 14.1 million compared to CAD 33.13 million a year ago. Basic earnings per share from continuing operations was CAD 0.31 compared to CAD 0.69 a year ago. Diluted earnings per share from continuing operations was CAD 0.3 compared to CAD 0.68 a year ago. For the full year, sales was CAD 659.66 million compared to CAD 656.34 million a year ago. Net income was CAD 54.62 million compared to CAD 98.58 million a year ago. Basic earnings per share from continuing operations was CAD 1.17 compared to CAD 1.98 a year ago. Diluted earnings per share from continuing operations was CAD 1.16 compared to CAD 1.96 a year ago.