05:13 PM EST - Precision Drilling Corporation : Announced 2017 third-quarter financial results: Third quarter revenue of $315 million was an increase of 47% over the prior year comparative quarter. Third-quarter earnings before income taxes, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, and depreciation and amortization (adjusted EBITDA) of $73 million was 77% higher than the third quarter of 2016. Third quarter net loss of $26 million ($0.09 per share) compared with a net loss of $47 million ($0.16 per share) in the third quarter of 2016. Precision Drilling Corporation
shares T.PD are trading up $0.29 at $3.26.
