Geodrill's record sales rose 41%, and it moved from a loss to a $0.9 million profit. The profit was $0.9 million on $55.1 million in sales, but repeated gains in gross profit and EBITDA point to improving operations.
More drilling work and repeated gains in gross profit and EBITDA point to improving operations. The $0.9 million profit is a smaller part of the story than those repeated gains, so the results read positively.
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