Major Drilling Group International (TSE:MDI) announced record first-quarter performance for fiscal 2027, with revenue increasing 22% year over year to CAD 277.3 million and net earnings rising nearly 44% to CAD 14.5 million. Growth was broad-based across all regions, led by a more than 31% increase in Canada and the U.S. The company's adjusted gross margin improved sequentially to 24%, though management expects margins to improve more slowly than revenue due to ongoing training, labor, and ramp-up costs. Demand remains strong, with further rig deployment expected at higher prices, but the availability of experienced drillers is identified as a primary industry constraint.