FX Energy (FXEN) Posts Q4 Loss of 69c/Share

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Go back to FX Energy (FXEN) Posts Q4 Loss of 69c/Share

FX Energy Reports Full-Year 2014 Results

March 16, 2015 4:00 PM EDT

SALT LAKE CITY, UT -- (Marketwired) -- 03/16/15 -- FX Energy, Inc. (NASDAQ: FXEN) today announced financial results for its fourth quarter and full year of 2014. The Company reported a net loss for the full year 2014 of $59.2 million, or $1.12 per share, compared to a net loss in 2013 of $11.8 million, or $0.22 per share. Included in the Company's yearly results were noncash, intracompany foreign exchange losses of $26.2 million for 2014, and noncash foreign exchange gains of $5.0 million for 2013. Without the foreign exchange gains and losses, the Company would have recorded net losses of $33.0 million and $16.8 million for... More