Glori Energy (GLRI) Posts Q4 Loss of 15c/Share

Glori Energy (NASDAQ: GLRI) reported Q4 EPS of ($0.15), $0.07 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $3.8 million versus the consensus estimate of $4.5 million.

Adjusted earnings before interest, income taxes, depreciation, depletion and amortization ("Adjusted EBITDA") for the fourth quarter of 2014 was a negative $2.0 million, compared to a negative $2.0 million for the fourth quarter of 2013 (see the accompanying reconciliation of net loss to Adjusted EBITDA). For the full year, Adjusted EBITDA was a negative $5.6 million in 2014 versus a negative $6.7 million in 2013.

For earnings history and earnings-related data on Glori Energy (GLRI) click here.

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