Ramaco Resources, Inc. (METC) Misses Q1 EPS by 13c, Revenues Miss
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Ramaco Resources, Inc. Reports First Quarter 2019 Financial Results
May 7, 2019 5:11 PM EDTLEXINGTON, Ky., May 7, 2019 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco," "Ramaco Resources" or the "Company") today reported first quarter net income of $6.9 million, or $0.17 per diluted share for the quarter ended March 31, 2019, as compared to a net income of $5.3 million in the quarter ended March 31, 2018. The Company's adjusted earnings before interest, taxes, depreciation, amortization and equity-based compensation expenses ("Adjusted EBITDA")Â was $13.7 million for the three months ended March 31, 2019, as compared with Adjusted EBITDA of $9.2 million for the three months ended March 31, 2018. For frame of reference, without the negative impact from... More
