February 6, 2012 / 4:18 PM / 6 years ago

CORRECTED-(Feb 2)-UPDATE 1-North American Energy Partners swings to Q3 loss

(Corrects Feb. 2 story to remove reference to a writedown in paragraphs 1 and 3)

Feb 2 (Reuters) - - Canada’s North American Energy Partners Inc posted a third-quarter loss, hurt by lower equipment utilization and pipeline losses.

North American Energy, which provides mining and pipeline installation services to oil sands operators, posted a net loss of C$1.9 million, or 5 Canadian cents a share, compared with a profit of C$3.7 million, or 10 Canadian cents a share, a year ago.

Revenue grew 7 percent to C$284.6 million, helped by an about 38 percent rise at its piling segment offsetting some customer losses. (Reporting by Aftab Ahmed in Bangalore; Editing by Sriraj Kalluvila)

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