Alpha Metallurgical Resources Posts Narrower Loss In Q1
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Alpha Metallurgical Resources, Inc. (AMR) reported a narrower first quarter net loss of $11.03 million, down from $33.95 million a year ago. Loss per share improved to $0.86 from $2.60. Adjusted EBITDA rose to $30.0 million from $5.7 million. However, total revenues decreased to $524.99 million from $531.96 million, with coal revenues also declining. In pre-market trading, AMR shares fell 3.34% to $187.00.
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