Major Drilling warns fourth-quarter revenue will be lower than expected

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MONCTON, N.B. - Major Drilling Group International Inc. (TSX:MDI) warned Wednesday that revenue in its fourth quarter is expected to be lower than earlier expected due to delays by the contract drilling company's clients. The company said revenue for the quarter ended April 30 will be hurt by increased delays in the decision making process at some of its senior customers.

Organizations: Major Drilling Group International Inc., TSX

Geographic location: MONCTON

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