11:28 AM EST - Precision Drilling : Announced 2018 second-quarter financial results. Revenue was $331 million, an increase of 14% over the prior-year comparative quarter. Second-quarter net loss was $47 million ($0.16 per share) compares to a net loss of $36 million ($0.12 per share) in the second quarter of 2017. Second-quarter earnings before income taxes, loss on repurchase and redemption of unsecured senior notes, finance charges, foreign exchange and depreciation and amortization of $62 million was 10% higher than the second quarter of 2017. Precision Drilling
shares T.PD are trading down $0.10 at $4.39.
