03:37 PM EST - Major Drilling Group International Inc. : reported fourth quarter net income of net income of $17.8 million or $0.75 per share, compared to $11.7 million or $0.50 per share in the same quarter last year. Quarterly net income from continuing operations were $17.8 million or $0.75 per share, in comparison with $9.3 million or $0.39 per share prior year. Total revenue for quarter was $129.0 million, up 45% from the $89.0 million in the earlier year period. Major Drilling Group International Inc.
shares T.MDI are trading up $2.35 at $40.35.
