Royal Gold (RGLD) Reports In-Line Q4 EPS, Revenues Miss
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Royal Gold Reports Record Annual Revenue, Cash Flow and Volume
August 8, 2018 5:01 PM EDTDENVER--(BUSINESS WIRE)-- Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, Royal Gold or the Company, we or our) reports a fiscal year 2018 net loss of $113.1 million, or ($1.73) per basic share, on record revenue of $459.0 million and record operating cash flow of $328.8 million. Reported earnings included the negative impact of US tax reform legislation totaling $0.47 per share and several non-cash items (including a non-cash impairment of $239.1 million relating to the Pascua Lama project) totaling $3.03 per share. Absent these items, adjusted net income1 was $115.1 million, or $1.76 per share, up 14% from the prior year.
Fiscal 2018 Highlights Compared to Fiscal... More
