2023-05-09 01:52:06 ET
- Hallador Energy press release ( NASDAQ: HNRG ): Q1 GAAP EPS of $0.67 beats by $0.51 .
- Revenue of $188.33M (+219.7% Y/Y) beats by $36.43M .
- Adjusted EBITDA of $34.0 million for the quarter ended March 31, 2023.
- The company reported profitability of $22.1 million and operating cash flow of $26.1 million on the continued strength of shipments of higher priced coal contracts and a full quarter of operations at the Merom Generating Station.
- The company produced 2.0 million tons and shipped 1.7 million tons for the quarter.
- The continued efforts to reduce debt resulted in our debt to adjusted EBITDA ratio falling to 1.20X as of March 31, 2023, and our liquidity growing to $36.0 million.
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Hallador Energy GAAP EPS of $0.67 beats by $0.51, revenue of $188.33M beats by $36.43M