Contura Energy (CTRA) Reports Q2 Revenues Beat

Contura Energy (NYSE: CTRA) reported Q2 revenue for the quarter came in at $411.84 million versus the consensus estimate of $354.95 million.

"Our second quarter results serve as continued evidence of Contura's commitment to adeptly managing through the current global uncertainty," said chairman and chief executive officer, David Stetson. "Even with a weeks-long furlough in April, our team increased our cash quarter-over-quarter, lowered our overall debt, and kept costs roughly on par with our stellar first quarter cost performance. As we look to the back half of 2020, we believe these steps to streamline our company will serve us well despite any additional market fluctuations that may occur."

For earnings history and earnings-related data on Contura Energy (CTRA) click here.

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