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Orbit Garant Drilling Inc. (OGD) Revenue Rises 28.9% to $60.1M; Posts $0.9M Net Loss

Q1 fiscal 2027 revenue rose 28.9% year over year to $60.1M, while net results shifted to a $0.9M loss from $0.3M earnings. Gross margin fell to 8.5% from 12.1%.Material DetailsContext by AI AnalystThis is a period of strong activity growth, but the quarter shows profitability lagging as the company…

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