FX Energy (FXEN) Posts Wider than Expected Q1 Loss
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FX Energy Reports First Quarter Results
May 11, 2015 4:00 PM EDTSALT LAKE CITY, UT -- (Marketwired) -- 05/11/15 -- FX Energy, Inc. (NASDAQ: FXEN) today announced financial results for its first quarter ended March 31, 2015. The Company reported a first quarter net loss of $18.9 million, or $(0.36) per share. This compares to a net loss of $1.0 million, or $(0.02) per share, for the first quarter of 2014. Included in the Company's quarterly results were noncash, intracompany foreign exchange losses of $14.3 million and $1.2 million in 2015 and 2014, respectively. Without the foreign exchange losses, the Company would have recorded a net loss of $4.6 million for the quarter ended March... More
