Coeur Mining (CDE) Tops Q1 EPS by 2c

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Coeur Reports First Quarter 2017 Results

April 26, 2017 4:20 PM EDT

CHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc. (the Company or Coeur) (NYSE: CDE) today reported first quarter 2017 financial results, achieving $206.1 million of revenue, which represented increases of 29% quarter-over-quarter and 39% year-over-year. Net income during the first quarter was $18.7 million, or $0.10 per share, and adjusted net income1 was $7.0 million, or $0.04 per share.

Quarterly cash flow from operating activities was $55.3 million, increases of $29.8 million quarter-over-quarter and $48.7 million year-over-year. First quarter adjusted EBITDA1 totaled $56.6 million, representing a 29% increase quarter-over-quarter and a 51% increase year-over-year. Last twelve month (LTM) adjusted EBITDA1 was $235.4 million, representing increases of 9% quarter-over-quarter and 71% year-over-year. Free cash flow1 increased $35.8... More