Hallador Energy Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 67.4 million. Revenue was USD 165.77 million compared to USD 85.08 million a year ago. Net income was USD 16.08 million compared to USD 1.61 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.44 compared to USD 0.05 a year ago.
For the nine months, sales was USD 230.81 million. Revenue was USD 515.3 million compared to USD 209.92 million a year ago. Net income was USD 55.04 million compared to net loss of USD 11.91 million a year ago. Basic earnings per share from continuing operations was USD 1.66 compared to basic loss per share from continuing operations of USD 0.38 a year ago. Diluted earnings per share from continuing operations was USD 1.52 compared to diluted loss per share from continuing operations of USD 0.38 a year ago.