11:46 AM EST - Major Drilling Group International Inc. : reported results for its third quarter of fiscal year 2013, ended January 31, 2013. Major Drilling posted quarterly revenue of $123.2 million, down 32% from the $182.2 million recorded for the same quarter last year. Gross margin percentage for the quarter was 23.8%, compared to 25.9% for the corresponding period last year. Net loss was $4.3 million or $0.05 per share for the quarter, compared to net earnings of $9.6 million or $0.12 per share for the prior year quarter. Major Drilling Group International Inc.
shares T.MDI are trading down $0.23 at $8.53.