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Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

MONCTON, New Brunswick, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), the largest provider of drilling services to the mining sector, today reported results for the third quarter of fiscal 2026, ended January 31, 2026.

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling Announces Third Quarter 2026 Results

Wed, 25 Feb 2026 17:00:00 -0500

Quarterly Highlights:

Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.
Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for increased activity levels through calendar 2026.
Net loss of $10.8 million (or

Major Drilling to Release Results for its Third Fiscal Quarter on Wednesday, February 25, 2026

Wed, 11 Feb 2026 07:00:00 -0500

MONCTON, New Brunswick, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (TSX: MDI) (the “Company”) will release its third fiscal quarter results, ended January 31, 2026, on Wednesday, February 25, 2026 after the markets have closed.

Webcast/Conference Call Details

Denis Larocque, President & Chief Executive Officer, and Ian Ross, Chief Financial Officer, invite you to participate in a webcast/conference call on Thursday, February 26, 2026 at 8:00 a.m. Eastern to discuss the Company’s third quarter results for fiscal 2026.

To access the live webcast, which includes a slide

Major Drilling to Release Results for its Third Fiscal Quarter on Wednesday, February 25, 2026

Wed, 11 Feb 2026 07:00:00 -0500

Webcast/Conference Call Details

To access the live webcast, which includes a slide

Major Drilling to Release Results for its Third Fiscal Quarter on Wednesday, February 25, 2026

Wed, 11 Feb 2026 07:00:00 -0500

Webcast/Conference Call Details

To access the live webcast, which includes a slide

Major Drilling to Release Results for its Third Fiscal Quarter on Wednesday, February 25, 2026

Wed, 11 Feb 2026 07:00:00 -0500

Webcast/Conference Call Details

To access the live webcast, which includes a slide

Major Drilling to Release Results for its Third Fiscal Quarter on Wednesday, February 25, 2026

Wed, 11 Feb 2026 07:00:00 -0500

Webcast/Conference Call Details

To access the live webcast, which includes a slide

Major Drilling to Release Results for its Third Fiscal Quarter on Wednesday, February 25, 2026

Wed, 11 Feb 2026 07:00:00 -0500

Webcast/Conference Call Details

To access the live webcast, which includes a slide

Major Drilling to Release Results for its Third Fiscal Quarter on Wednesday, February 25, 2026

Wed, 11 Feb 2026 07:00:00 -0500

Webcast/Conference Call Details

To access the live webcast, which includes a slide