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Summit Midstream Corporation Q2 Loss Drops

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Summit Midstream Corporation (SMC) reported Loss for second quarter of -$4.228 million

The company's bottom line totaled -$4.228 million, or -$0.66 per share. This compares with -$23.778 million, or -$2.91 per share, last year.

The company's revenue for the period rose 38.4% to $140.217 million from $101.315 million last year.

Summit Midstream Corporation earnings at a glance (GAAP) :

-Earnings: -$4.228 Mln. vs. -$23.778 Mln. last year.
-EPS: -$0.66 vs. -$2.91 last year.
-Revenue: $140.217 Mln vs. $101.315 Mln last year.

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