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Paramount Resources Ltd. Q1 Profit Drops

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

Paramount Resources Ltd. (POU.TO) announced earnings for first quarter that Dropped, from the same period last year

The company's bottom line came in at C$53.2 million, or C$0.36 per share. This compares with C$1.288 billion, or C$8.74 per share, last year.

The company's revenue for the period fell 19.8% to C$280.4 million from C$349.6 million last year.

Paramount Resources Ltd. earnings at a glance (GAAP) :

-Earnings: C$53.2 Mln. vs. C$1.288 Bln. last year.
-EPS: C$0.36 vs. C$8.74 last year.
-Revenue: C$280.4 Mln vs. C$349.6 Mln last year.

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