Brief: AKITA Drilling Posts Qtrly Loss Of $0.14/Shr

AKITA Drilling

30/10/2019 22:18

Oct 30 (Reuters) - AKITA Drilling Ltd  AKTa.TO :
    * AKITA ANNOUNCES THIRD QUARTER RESULTS AND THE CONTINUATION
OF
ITS US DIVISION CONSOLIDATION PLAN
    * AKITA DRILLING LTD - QTRLY LOSS PER SHARE $0.14
    * AKITA DRILLING LTD- QTRLY ADJUSTED REVENUE ABOUT $43
MILLION, UP
49%
    * AKITA DRILLING LTD - QTRLY UTILIZATION IN CANADA DECREASED
TO
16% FROM 25%
    * AKITA DRILLING LTD - QTRLY UTILIZATION IN UNITED STATES
DECREASED TO 54% FROM 62%

Source text for Eikon:  ID:nCNWvPsNla 
Further company coverage:  AKTa.TO 

 ((Reuters.Briefs@thomsonreuters.com;))