Ramaco Resources, Inc. (METC) Tops Q2 EPS by 7c, Revenues Beat

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Ramaco Resources, Inc. Reports Second Quarter 2018 Financial Results

August 6, 2018 4:01 PM EDT

LEXINGTON, Ky., Aug. 06, 2018 (GLOBE NEWSWIRE) -- Ramaco Resources, Inc. (NASDAQ: METC) today reported net income of $10.2 million, or $0.25 per diluted share for the second quarter of 2018, compared with a net income of $5.3 million, or $0.13 per diluted share for the first quarter of 2018.  The Companys adjusted earnings before interest, taxes, depreciation, amortization and non-operating expenses (adjusted EBITDA) was $14.9 million for the second quarter of 2018, as compared with adjusted EBITDA of $9.2 million for the first quarter of 2018. 

Randall Atkins, Ramaco Resources Executive Chairman and Chief Financial Officer remarked, We are very pleased to report strong, across the... More