11:00 AM EDT, 07/31/2026 (MT Newswires) -- Foraco International SA ( FRACF ) reported second quarter earnings per share of $0.04, compared with $0.06, a year earlier.

Analysts polled by FactSet expected $0.05 per share.

Revenue increased to $84.5 million in the three months ended June 30, 2026, compared with $69.1 million, a year-ago. Analysts expected revenue of $79.8 million.

"While activity levels remained robust through most of our operations, profitability was impacted by a combination of operational challenges on a limited number of contracts in South America and continued inflationary pressure across labor, consumables and key raw materials affecting the entire mining services industry," said Foraco ( FRACF ) CEO Tim Bremner.

Shares of the company were last seen down 3.5% at C$2.22 on the Toronto Stock Exchange.

Price: 2.21, Change: -0.09, Percent Change: -3.91