2023-08-02 06:37:43 ET
- Capstone Copper press release ( OTCPK:CSCCF ): Q2 Non-GAAP EPS of -C$0.02.
- Revenue of C$333.9M (-6.4% Y/Y) beats by $14.68M .
- Adjusted EBITDA of $43.4 million for Q2 2023 compared to $115.8 million for Q2 2022. The decrease in Adjusted EBITDA is driven by lower copper sold (40.8 thousand tonnes in Q2 2023 versus 45.5 thousand tonnes in Q2 2022) and a lower copper price of $3.76/lb compared to $4.10/lb (prior to unrealized provisional pricing adjustments).
- Operating cash flow before changes in working capital of $22.0 million in Q2 2023 compared to $40.7 million in Q2 2022.
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Capstone Copper Non-GAAP EPS of -C$0.02, revenue of C$333.9M beats by C$14.68M