Alpha Metallurgical Resources Q2 Net Loss Widens, Stock Falls In Pre-Market
Alpha Metallurgical Resources (AMR) reported Q2 results with a net loss of $12.3 million, or $0.96 per share, versus a $5.0 million loss, or $0.38 per share, a year earlier. The company cited weak revenue growth and an operating loss. Q2 operating loss was $10.5 million, revenues $492.9 million, and adjusted EBITDA $25.6 million. AMR shares fell about 3.7% pre-market to $146.54.

