Ramaco Resources, Inc. (METC) Misses Q4 EPS by 8c

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Go back to Ramaco Resources, Inc. (METC) Misses Q4 EPS by 8c

Ramaco Resources, Inc. Reports Fourth Quarter and Full Year 2019 Financial Results

February 20, 2020 4:59 PM EST

LEXINGTON, Ky., Feb. 20, 2020 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco Resources" or the "Company") today reported annual net income of $24.9 million, or $0.61 per diluted share for the year ended December 31, 2019, as compared to $25.1 million or $0.62 per diluted share for 2018. The Company's adjusted earnings before interest, taxes, depreciation, amortization and equity-based compensation expenses ("Adjusted EBITDA") was $55.4 million for the year ended December 31, 2019, as compared with $42.2 million in 2018.

For the fourth quarter of 2019, Ramaco reported net income of $1.9 million, or $0.05 per diluted share, as compared to $3.4 million, or $0.08 per... More