Major Drilling Announces Third Quarter 2025 Results
GlobeNewswire·2025-03-06 22:00
MONCTON, New Brunswick, March 06, 2025 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to the mining sector, today reported results for the third quarter of fiscal 2025, ended January 31, 2025. Quarterly Highlights: Revenue of $160.7 million, up 21.0% from the $132.8 million recorded in the same quarter last year.Adjusted gross margin(1) of 19.5% as the Company completed maintenance & repair prog ...