Calfrac says it lost $6.78 million or 18 cents per share in its second quarter
Calfrac Well Services Ltd. reported a lower loss in its most recent quarter as its revenues climbed amid improved pricing and increased activity.
Revenue in the three months ended June 30 was $318.51 million, up 83 per cent from $173.77 million in 2021. CEO Pat Powell says Calfrac was able to demonstrate solid progress on its financial performance in the quarter while continuing to deliver top service to clients.
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