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Stock impact report

Ramaco Resources, Inc. Reports Second Quarter 2019 Financial Results

Ramaco Resources, Inc. (METC) 
Last ramaco resources, inc. earnings: 2/20 04:59 pm Check Earnings Report
Company Research Source: PR Newswire
LEXINGTON, Ky., Aug. 13, 2019 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco," "Ramaco Resources" or the "Company") today reported second quarter net income of $10.6 million, or $0.26 per fully diluted share for the quarter ended June 30, 2019, as compared to a net income of $10.2 million in the prior year quarter ended June 30, 2018. The Company's adjusted earnings before interest, taxes, depreciation, amortization and equity-based compensation expenses ("Adjusted EBITDA") was $19.1 million for the three months ended June 30, 2019, as compared with Adjusted EBITDA of $14.9 million for the three months ended June 30, 2018.  Key operational and financial metrics are presented below:Key Second Quarter 2019 Metrics2Q191Q19Change2Q192Q18Change1H191H18ChangeSales Of Company Produced Tons499,000443,00013%499,000493,0001%942,000896,0005%Revenue ($ MM)$65.8$57.514% Show less Read more
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