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Carbon Natural Gas Co  (CRBO)
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    Sector  Energy    Industry Oil And Gas Production
 
 

EARNINGS REPORT by CSIMarket

EPS Fell while Sales More than Doubled


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Carbon Natural Gas Co announced first quarter 2017 operating income of $2.766 millions



Despite very strong Sales growth of 286.51 % year on year to $7 millions in the first quarter 2017, company faced turn a round at $0.40.

Compare to previous quarter EPS turn positive from $-0.03 per share and Sales doubled by 141.86 % from $3 millions.

Company achieved net income of $3 millions in the first quarter 2017 an improvement versus a net loss of $-5 millions in the same quarter a year ago. Carbon Natural Gas Co also emphasized it's improving profit margins, where net margin rose to 45.77% in first quarter 2017, and operating margin edged up to 38.45%.
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