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Alio Gold Inc. Q2 Profit Falls

Alio Gold Inc. (ALO.TO) released earnings for second quarter that declined from last year.

The company's bottom line totaled $3.28 million, or $0.05 per share. This compares with $3.51 million, or $0.10 per share, in last year's second quarter.

The company's revenue for the quarter fell 3.1% to $26.23 million from $27.07 million last year.

Alio Gold Inc. earnings at a glance:

-Earnings (Q2): $3.28 Mln. vs. $3.51 Mln. last year.
-EPS (Q2): $0.05 vs. $0.10 last year.
-Revenue (Q2): $26.23 Mln vs. $27.07 Mln last year.

by RTTNews Staff Writer

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