American Resources Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.005723 million compared to USD 0.004988 million a year ago. Revenue was USD 5.83 million compared to USD 9.51 million a year ago. Net income was USD 3.48 million compared to net loss of USD 5.23 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to basic loss per share from continuing operations of USD 0.08 a year ago.
For the nine months, sales was USD 0.060148 million compared to USD 0.045507 million a year ago. Revenue was USD 16.68 million compared to USD 34.79 million a year ago. Net loss was USD 0.617158 million compared to USD 10.47 million a year ago.