Newmont Mining (NEM) Tops Q2 EPS by 2c, Miss on Revenues

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Go back to Newmont Mining (NEM) Tops Q2 EPS by 2c, Miss on Revenues

Newmont Announces Second Quarter 2018 Results

July 26, 2018 6:55 AM EDT

DENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced second quarter 2018 results.

Net income: Delivered GAAP net income from continuing operations attributable to stockholders of $274 million or $0.51 per diluted share; delivered adjusted net income1 of $144 million or $0.26 per diluted share, down 43 percent compared to the prior year quarter EBITDA: Generated $545 million in adjusted EBITDA2, down 22 percent from the prior year quarter Cash flow: Reported consolidated cash flow from continuing operations of $401 million and... More