Black Diamond Sets Oct. 29 for Third-Quarter Results, Oct. 30 for Discussion
Key Facts
Black Diamond set Oct. 29, 2026, after the market close to announce its third-quarter results, followed by a call to discuss them the next day, according to a company release published via GlobeNewswire. The announcement is scheduled after the quarter ended on Sept. 30. The company said the call would cover the results, while the date notice did not include third-quarter figures. In the second quarter, the company recorded consolidated revenue of C$129.2 million, up 23% year over year. Adjusted earnings before interest, taxes, depreciation and amortization were C$30.4 million, up 4%, according to its previous quarterly results.
Black Diamond operates in industrial services and asset management through its MSS and WFS divisions, offering space rentals and workforce accommodation solutions. The divisions operate in Canada, the United States and Australia, according to the company’s description in its date notice. These activities provide context for assessing its quarterly results, but the notice setting the third-quarter announcement date did not report the performance of each division or the factors that affected revenue. In the second quarter, WFS revenue was about C$72.2 million, up 55% year over year. The increase came alongside growth of 174% in lodge services revenue, 35% in rental revenue and 34% in non-rental revenue.
In the MSS division, rental revenue reached C$28.6 million in the second quarter, up 8% year over year. Unit occupancy was 77.9%, while the average monthly rate rose 3% to C$910 per unit. LodgeLink recorded a record gross transaction value of C$43.5 million, up 69% from the comparable period. Its net revenue also rose 64% to a record C$5.4 million. These figures relate to the second quarter and do not in themselves measure the divisions’ third-quarter performance.
At the balance-sheet level, net debt was C$351 million at the end of the second quarter. Net debt to last-12-month adjusted earnings before interest, taxes, depreciation and amortization was 2.4 times, within the company’s target range of 2 to 3 times. In commercial activity, the company said the value of WFS’s pending formal bids exceeded C$2 billion during the second quarter, more than twice the fleet’s current capacity. It also forecast increased organic capital investment in Canada and the United States for the rest of 2026 and in 2027. The company linked the outlook to stable rental operations, LodgeLink activity and expanding remote accommodation opportunities.
Previous annual results show growth in revenue and adjusted earnings: consolidated revenue was C$456.9 million in 2025, up 13%, while adjusted earnings before interest, taxes, depreciation and amortization reached C$126.4 million, up 12%. In the third quarter of 2025, the company reported revenue of C$105.3 million, up 4%, and adjusted earnings before interest, taxes, depreciation and amortization of C$31.8 million, up 10%. The company then announced a 29% increase in its quarterly distribution, from C$0.035 to C$0.045 per share. It said the fourth-quarter distribution of C$0.045 per share was payable on or about Jan. 15, 2026. Available published materials do not include a verified announcement of third-quarter 2026 results or a new distribution increase.
The investor center lists the third-quarter results for Oct. 29 at 9:00 a.m. Mountain Time. The company’s notice also said the call and webcast to discuss the results were scheduled for Oct. 30. The events page did not include third-quarter figures or a distribution announcement. The latest quarterly figures cited here are from the second quarter, when revenue was C$129.2 million and net debt was C$351 million. The Oct. 30 call is scheduled to provide an opportunity to discuss results for the period ended in September.