Newmont Mining (NEM) Tops Q3 EPS by 3c, Revenues Miss

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Newmont Announces Third Quarter 2018 Results

October 25, 2018 6:55 AM EDT

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

Net income (loss): Delivered GAAP net income (loss) from continuing operations attributable to stockholders of $(161) million or $(0.31) per diluted share; delivered adjusted net income1 of $175 million or $0.33 per diluted share, down $0.01 compared to the prior year quarter EBITDA: Generated $636 million in adjusted EBITDA2, down $20 million from the prior year quarter Cash flow: Reported consolidated cash flow from continuing operations of... More