RPT-UPDATE 1-North American Energy Partners posts Q3 profit

(Repeats for wider distribution with no changes to text)

* Q3 EPS C$0.57 vs loss/shr C$0.41 yr ago

* Revenue falls 14 pct

Feb 1 (BestGrowthStock) – North American Energy Partners Inc
(NOA.TO: ) posted a third-quarter profit (Read more your timing to make a profit.), partly helped by
foreign exchange gains.

For the third quarter ended Dec. 31, the company posted net
income of C$20.8 million, or 57 Canadian cents a share,
compared with a net loss of C$14.7 million, or 41 Canadian
cents a share, a year earlier.

Excluding items, the company earned 40 Canadian cents a

Analysts on average were expecting earnings of 18 Canadian
cents a share, before special items, according to Thomson
Reuters I/B/E/S.

Revenue fell 14 percent to C$222.7 million.

The company had a foreign exchange gain of C$5.4 million
during the quarter, compared with a loss of C$32.5 million a
year ago.

Shares of the company closed at C$7.28 Monday on the
Toronto Stock Exchange.

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(Reporting by Koustav Samanta in Bangalore; Editing by Anne

RPT-UPDATE 1-North American Energy Partners posts Q3 profit