MONCTON, New Brunswick, Dec. 07, 2023 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to the mining sector, today reported results for the second quarter of fiscal 2024, ended October 31, 2023. Quarterly Highlights Revenue of $207.0 million, highest revenue since July 2012.EBITDA(1) of $43.6 million (or $0.53 per share), up from $43.0 million (or $0.52 per share) for the same period last year.Net earnings of $23.7 million (or $0.29 per share), up from $23.6 million (or $0.29 per share) for the same period last year.Spent $7.3 million repurchasing 875,268 shares.Net cash(1) position increased $23.4 million during the quarter to $84.2 million. “We continued to see…
