BLY: Boart Longyear Announces First Quarter 2023 Results

BOART LONGYEAR GROUP LTD

• Consolidated revenue increased 3% over Q1'22, driven by top-line growth within Drilling Services.
• Organic revenue growth in Drilling Services, Global Products, and Veracio compared to Q1'22.
• Adjusted EBITDA1 declined 4%, mainly due to ongoing investment in Veracio and unfavorable foreign exchange rates.

2023-04-27 08:15:00