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Article: Flint Energy Services Ltd. announces third quarter earnings.

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PR Newswire
Article date:
November 9, 2009
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(TSX: FES)

CALGARY, Nov. 9 /PRNewswire-FirstCall/ -- Flint Energy Services Ltd. (Flint, the Company) reported its net earnings for the three months ended September 30, 2009 were $9.7 million or $0.21 per common share, compared to a loss of $163.2 million or $3.41 per common share in the comparative quarter. For the nine months ended September 30, 2009 net earnings were $32.0 million or $0.70 per common share, compared to a loss of $132.9 million or $2.78 per common share. The third quarter of 2008 included an impairment charge of goodwill and intangible assets of $179.9 million, net of taxes of $10.5 million. Adjusted third quarter 2008 earnings were $16.7 ...

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