Precision Drilling (PDS) Misses Q4 EPS by $2.69, Revenues Miss

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Precision Drilling Corporation Announces 2020 Fourth Quarter and Year End Unaudited Financial Results

February 10, 2021 6:01 AM EST

CALGARY, Alberta, Feb. 10, 2021 (GLOBE NEWSWIRE) -- This news release contains forward-looking information and statements within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the Cautionary Statement Regarding Forward-Looking Information and Statements later in this news release. This news release contains references to Adjusted EBITDA, Covenant EBITDA, Operating Earnings (Loss), Funds Provided by (Used in) Operations and Working Capital. These terms do not have standardized meanings prescribed under International Financial Reporting Standards (IFRS) and may not be comparable to similar measures... More