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Calfrac reported its profit amounted to nine cents per diluted share for the quarter ended March 31 compared with a loss of three cents per diluted share in the same quarter last year.

Revenue totalled $370.1 million, up from $330.1 million in the first quarter of 2024.

The increase came as the company's Argentine operations earned $142.2 million in revenue during the first quarter of 2025 compared with $81.1 million in the same quarter in 2024.

Calfrac’s North American operations took in $227.9 million in revenue for the quarter, down from $249.0 million a year earlier.

This report by ¹ú²úÓÕ»ó¸£Àû was first published May 15, 2025.

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