High Arctic Energy Services (TSE:HWO) has released an update.
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High Arctic Energy Services has successfully completed a strategic reorganization in the third quarter of 2024, returning $37.8 million to shareholders and increasing revenue significantly due to the acquisition of Delta Rental Services. The company is focusing on cost reduction and positioning itself for future growth, despite a decrease in net income from continuing operations compared to last year.
For further insights into TSE:HWO stock, check out TipRanks’ Stock Analysis page.