PD: Revenue up 11% YoY to $453M; Adjusted EBITDA down 10%; net loss $1M; strong cash flow
Precision Drilling Corp (PD) reported revenue up 11% YoY to $453M, citing stronger Canadian and U.S. drilling activity. Adjusted EBITDA fell 10% to higher costs and restructuring. The company posted a $1M net loss but said cash flow was strong enough for debt reduction and share repurchases.




