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home / news releases / AREC - American Resources GAAP EPS of -$0.59 revenue of $7.52M


AREC - American Resources GAAP EPS of -$0.59 revenue of $7.52M

American Resources press release (NASDAQ:AREC): FY21  GAAP EPS of -$0.59. Revenue of $7.52M, compared to $24.49M in FY19. The company said current specialty and metallurgical carbon backlog represents approximately $110M. "Over the first several weeks of 2022, once we managed through the Omicron variant, we have seen our rate of production become more consistent and will realize a profitable March month on a $5.25 to $6 million monthly revenue run rate," said Chairman and CEO Mark Jensen.

For further details see:

American Resources GAAP EPS of -$0.59, revenue of $7.52M
Stock Information

Company Name: American Resources Corporation
Stock Symbol: AREC
Market: OTC
Website: americanresourcescorp.com

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