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Stock impact report

Synthesis Energy Systems Reports Fiscal 2018 Third Quarter Financial Results

SES AI Corporation Class A (SES) 
US:NASDAQ Investor Relations: ir.synthesisenergy.com
Company Research Source: GlobeNewswire
HOUSTON, May 14, 2018 (GLOBE NEWSWIRE) -- Synthesis Energy Systems, Inc. (SES) (NASDAQ:SES), a global leader in the clean and efficient production of low-cost synthesis gas for high value energy and chemical products, today reported financial results for its fiscal 2018 third quarter ended March 31, 2018. “This was a good past quarter where we have been focused on generating financial results. We continue to advance our global initiatives, grow our existing assets, and move closer to securing new orders for our technology and equipment in Australia and Poland. We are pleased to report increasing revenues of $800,000 for our fiscal third quarter, and a reduction in G&A expenses of $2.5 million over the comparable nine-month period ending March 31st of the prior fiscal year,” said DeLome Fair, SES’s president and CEO.  “Our Australian business platform, Australian Future Energy (AFE), is concentrating its efforts and resources on closing its A$15 million capital raise. AFE anticipat Show less Read more
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