ICG swings into profitability in qtr. on higher sales, tags
Jul 25, 2008 | 09:36 AM
| Maria Guzzo
Improved sales and prices helped International Coal Group Inc. (ICG) escape red ink in the second quarter.
INTERNATIONAL COAL GROUP INC. (in thousands except per share) 200820072nd qtr. ended June 30 Net sales$277,885$208,050 Net income (loss)12,628(10,234)Per share0.07—6 months ended June 30 Net sales$529,810$436,364Net income (loss)1,082(18,302)Per share0.01—The Scott Depot, W.Va.-based company posted net income of more than $12.6 million in contrast to a net loss of $10.2 million in the second....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.