High Arctic Energy Services Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 17.81 million compared to CAD 11.94 million a year ago. Net loss was CAD 15.16 million compared to CAD 4.55 million a year ago. Basic loss per share from continuing operations was CAD 0.31 compared to CAD 0.09 a year ago.
For the nine months, sales was CAD 43.82 million compared to CAD 65.28 million a year ago. Net loss was CAD 15.89 million compared to CAD 27.48 million a year ago. Basic loss per share from continuing operations was CAD 0.32 compared to CAD 0.56 a year ago.