The earnings call presented a mixed picture with resilience in revenue growth, particularly in the Completions and Solar segments, while facing challenges in the Drilling segments. Strong financial management and shareholder returns were positives, but declines in key areas and adjusted EBITDA indicate some underlying challenges.

Company Guidance

During Pason Systems Inc.'s Second Quarter 2025 Earnings Call, the company reported a consolidated revenue of $96.4 million, reflecting a 1% increase from the previous year, despite a 5% decline in North American industry drilling activity. Adjusted EBITDA was $31.6 million, or 32.7% of revenue, slightly down from $33.1 million or 34.6% in 2024. The North American Drilling segment's revenue decreased by 2% year-over-year, outpacing the industry decline, while the International Drilling segment faced an 11% revenue reduction due to a customer's operational shift in Argentina. The Completions segment saw a 12% revenue increase, outperforming a 25% industry activity decline, with revenue per IWS Day remaining stable at $5,069. The Solar and Energy Storage segment experienced a 58% revenue surge to $5 million. Despite industry challenges, net income rose to $12.6 million, or $0.16 per share, aided by lower stock-based compensation expenses. Pason ended the quarter with $69.3 million in cash and no debt, having returned $20.2 million to shareholders through dividends and share repurchases.

Resilience in Revenue Growth

Pason generated consolidated revenue of $96.4 million in Q2 2025, a 1% increase from the $95.9 million in Q2 2024, despite challenging industry conditions.

Completions Segment Outperformance

The Completions segment saw revenue grow 12% from Q2 2024 to Q2 2025, even as industry activity fell by 25%.

Solar and Energy Storage Surge

The Solar and Energy Storage segment revenue increased by 58% year-over-year, driven by the timing of control system sales.

Strong Balance Sheet

Pason ended the quarter with $69.3 million in total cash and no interest-bearing debt, maintaining a strong financial position.

Increased Shareholder Returns

The company returned $20.2 million to shareholders through dividends and share repurchases in Q2 2025.

Pason Systems (TSE:PSI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:PSI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.24 / -	0.3	―	―	―
Aug 06, 2025	2025 (Q2)	0.17 / 0.16	0.14	14.29% (+0.02)	―	―
May 01, 2025	2025 (Q1)	0.26 / 0.25	0.87	-71.26% (-0.62)	―	―
Feb 27, 2025	2024 (Q4)	0.23 / 0.21	0.11	90.91% (+0.10)	―	―
Nov 07, 2024	2024 (Q3)	0.25 / 0.30	0.35	-14.29% (-0.05)	―	―
Aug 07, 2024	2024 (Q2)	0.21 / 0.14	0.32	-56.25% (-0.18)	―	―
May 02, 2024	2024 (Q1)	0.32 / 0.87	0.44	97.73% (+0.43)	―	―
Feb 28, 2024	2023 (Q4)	0.29 / 0.11	0.44	-75.00% (-0.33)	―	―
Nov 02, 2023	2023 (Q3)	0.31 / 0.35	0.41	-14.63% (-0.06)	―	―
Aug 10, 2023	2023 (Q2)	0.28 / 0.32	0.22	45.45% (+0.10)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:PSI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	C$11.63	C$11.46	-1.46%
May 01, 2025	C$10.87	C$11.34	+4.32%
Feb 27, 2025	C$12.49	C$11.93	-4.48%
Nov 07, 2024	C$14.14	C$14.43	+2.05%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Pason Systems Inc. (TSE:PSI) report earnings?

Pason Systems Inc. (TSE:PSI) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).

What is Pason Systems Inc. (TSE:PSI) earnings time?

Pason Systems Inc. (TSE:PSI) earnings time is at Nov 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:PSI EPS forecast?

TSE:PSI EPS forecast for the fiscal quarter 2025 (Q3) is 0.24.

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