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

EARNINGS REPORT by CSIMarket

Despite Surge in Sales Profitability not Reached


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Carbon Natural Gas Co announced forth quarter 2016 operating loss of $-3.173 millions



Carbon Natural Gas Co announced in the forth quarter 2016 surge in Sales by 20.55 % to $3 millions from the same quarter a year ago, but it has lost money at $-0.03 per share.

Sequentially increased losses from $-0.01 per share and Sales improved by 25.75 % from $2 millions.

In the forth quarter 2016 Carbon Natural Gas Co reported net loss of $-3 million, instead of deficit of $-6 millions in the same quarter a year ago.

Carbon Natural Gas Co announced net loss of $-13 millions and Sales of $8 millions in the fiscal year 2016.

Net loss per share has widen to $-2.27 from $-0.08 in previous fiscal year, while Sales fell by -29.83 % from $12 millions a year ago.
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