Coeur Mining (CDE) Misses Q4 EPS by 2c
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Coeur Reports Fourth Quarter and Full-Year 2017 Results and Provides 2018 Cost Guidance
February 7, 2018 5:01 PM ESTCHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc. (Coeur or the "Company") (NYSE: CDE) today reported full-year 2017 net income of $10.9 million, or $0.06 per share, and cash flow from operating activities of $197.2 million, an increase of over 100% compared to 2016. Adjusted EBITDA1 rose 4% year-over-year to $203.3 million, and free cash flow1 increased $85.5 million to $60.4 million.
In the fourth quarter, the Company generated net income of $14.3 million, or $0.08 per share, and cash flow from operating activities more than doubled quarter-over-quarter, increasing $54.5 million to $91.8 million. Adjusted EBITDA1 and free cash flow1 of $77.0 million and $44.8 million, respectively, increased approximately fivefold compared to the prior quarter.
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