09:50 AM EST - Geodrill Limited : reported its financial results for the three-month period ended March 31, 2016. All figures are reported in U.S. dollars. The company increased revenue by 65% compared to Q1-2015. The company realized a gross profit margin of 43%, compared to 21% in Q1-2015. The company achieved net income of $1.6 million or $0.04 per share compared to a net loss of $1.4 million for Q1-2015 or $0.03 per share. Geodrill Limited
shares T.GEO are trading unchanged at $1.06.
