09:57 AM EST - Precision Drilling Corporation : Announced 2018 fourth-quarter financial results: Revenue of $427 million was an increase of 23% over the prior year comparative quarter. Net loss of $198 million ($0.68 per share) compares to a net loss of $47 million ($0.16 per share) in the fourth quarter of 2017. Earnings before income taxes, loss or gain on redemption and repurchase of unsecured senior notes, finance charges, foreign exchange, impairment of goodwill, impairment of property, plant and equipment and depreciation and amortization of $134 million was 48% higher than the fourth quarter of 2017. Precision Drilling Corporation
shares T.PD are trading up $0.20 at $3.03.
