Methanex (MEOH) Reports Q3 Loss of $0.01

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Go back to Methanex (MEOH) Reports Q3 Loss of $0.01

Methanex Reports Third Quarter 2016 Results

October 26, 2016 6:00 PM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/26/16 -- For the third quarter of 2016, Methanex (TSX: MX)(NASDAQ: MEOH) reported a net loss attributable to Methanex shareholders of $11 million ($0.12 net loss per common share on a diluted basis) compared to a net loss of $3 million ($0.08 net loss per common share on a diluted basis) in the second quarter of 2016. Adjusted EBITDA for the third quarter of 2016 was $74 million and Adjusted net loss was $1 million ($0.01 Adjusted net loss per common share). This compares with Adjusted EBITDA of $38 million and Adjusted net... More