Unit Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 80.16 million compared to USD 120.28 million a year ago. Net income was USD 28.84 million compared to USD 55.82 million a year ago. Basic earnings per share from continuing operations was USD 2.98 compared to USD 5.7 a year ago. Diluted earnings per share from continuing operations was USD 2.94 compared to USD 5.6 a year ago.
For the nine months, revenue was USD 252.67 million compared to USD 443.2 million a year ago. Net income was USD 191.5 million compared to USD 89.03 million a year ago. Basic earnings per share from continuing operations was USD 19.81 compared to USD 8.94 a year ago. Diluted earnings per share from continuing operations was USD 19.55 compared to USD 8.79 a year ago.