Hallador Energy Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 71.02 million. Revenue was USD 161.19 million compared to USD 65.93 million a year ago. Net income was USD 16.92 million compared to net loss of USD 3.39 million a year ago. Basic earnings per share from continuing operations was USD 0.51 compared to basic loss per share from continuing operations of USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 0.47 compared to diluted loss per share from continuing operations of USD 0.11 a year ago.
For the six months, sales was USD 163.41 million. Revenue was USD 349.53 million compared to USD 124.84 million a year ago. Net income was USD 38.97 million compared to net loss of USD 13.52 million a year ago. Basic earnings per share from continuing operations was USD 1.18 compared to basic loss per share from continuing operations of USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 1.08 compared to diluted loss per share from continuing operations of USD 0.44 a year ago.