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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 second quarter 2017 operating income of $1.445 millions



Despite very strong Sales growth of 520.8 % year on year to $6 millions in the second quarter 2017, company faced earnings turn positive at $0.17.

Compare to previous quarter profit plummeted by -57.5 % from $0.40 per share and Sales deteriorated by -14.12 % from $7 millions.

Company achieved net income of $2 millions in the second quarter 2017 an improvement versus a net loss of $-3 millions in the same quarter a year ago. Carbon Natural Gas Co also emphasized it's improving profit margins, where net margin rose to 32.98% in second quarter 2017, and operating margin edged up to 23.39%.
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Carbon Natural Gas Co reported first quarter 2017 earnings

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