ZaZa Energy (ZAZA) Gains After Reporting Q3 EPS of $0.83

ZaZa Energy (NASDAQ: ZAZA) reported Q3 EPS of $0.83, versus ($2.01) reported last year. Revenue for the quarter came in at $2.7 million, versus $1.1 million reported last year.

Financial Highlights for Third Quarter 2014

• Total production of 54.8 MBOE, a year-over-year increase of 145%.
• Revenues of $2.7 million, a year-over-year increase of 144%.
• Total operating expenses declined by ~60%; G&A declined by ~30%.
• Net income of $10.1 million vs. a net loss of $20.6 million.
• Total debt declined by $7.7 million or ~8% over the past nine-months (3Q14 vs. CY13).

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For earnings history and earnings-related data on ZaZa Energy (ZAZA) click here.

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