Alexco Reports Third Quarter 2019 Results

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Alexco Resource (AXU) Misses Q3 EPS by 1c

November 14, 2019 5:01 PM EST

Alexco Resource (NYSE: AXU) reported Q3 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $7.2 million versus the consensus estimate of $6.41 million.

Q3 2019 Highlights

Overall, Alexco reported a net loss of $2,308,000, or $(0.02) per share for Q3 2019 and a loss before tax expense of $2,240,000 including net non-cash cost adjustments of $906,000. In the same period for 2018 the Company incurred a loss before taxes of $1,548,000, including non-cash income adjustments of $714,000. The operating loss for... More