Newspaper article THE JOURNAL RECORD

Beard Reports $44,000 Profit; Revenues Up 1% to $4.9 Million

Newspaper article THE JOURNAL RECORD

Beard Reports $44,000 Profit; Revenues Up 1% to $4.9 Million

Article excerpt

Net income of $44,000, or 2 cents per share, was reported Friday for the third quarter of 1994 by The Beard Co. of Oklahoma City.

The third quarter of 1993 resulted in earnings, of $80,000, or 4 cents per share, from continuing operations, a loss of $3.88 million, or $1.95 per share from discontinued operations, and a total loss of $3.8 million, or $1.91 per share.

Revenues for the quarter were up 1 percent to $4.9 million from $4.88 million for the same quarter of 1993.

Earnings for the first nine months of 1994 available for common shareholders totaled $704,000, or 27 cents per share.

The first nine months of 1993 produced a loss to the common shareholders from continuing operations of $540,000, or 27 cents per share, a loss from discontinued operations of $10.9 million, or $5.49 per share, and a total loss of $11.4 million, or $5.76 per share.

Revenues for the first nine months of 1994 were up 16 percent to $12.8 million from $11 million a year earlier. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.