Total 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 232.02 million compared to CAD 207.68 million a year ago. Net income was CAD 19.23 million compared to CAD 17.18 million a year ago. Basic earnings per share from continuing operations was CAD 0.48 compared to CAD 0.41 a year ago. Diluted earnings per share from continuing operations was CAD 0.47 compared to CAD 0.4 a year ago.
For the nine months, sales was CAD 678.64 million compared to CAD 548.33 million a year ago. Net income was CAD 49.47 million compared to CAD 25.76 million a year ago. Basic earnings per share from continuing operations was CAD 1.22 compared to CAD 0.61 a year ago. Diluted earnings per share from continuing operations was CAD 1.2 compared to CAD 0.6 a year ago.