Sanchez Energy Corp. (SN) reported a fourth-quarter net loss attributable to common stockholders of $1.1 million or $0.03 per share, narrower than $1.4 million or $0.06 per share in the year-ago period.
Adjusted net income for the quarter was $1.6 million or $0.05 per share, compared to $0.6million $0.03 per share in the comparable quarter last year.
Total revenues for the quarter increased 259 percent to $16.70 million from $4.65 million last year.
On average, analysts polled by Thomson Reuters expected the company to earn $0.16 per share on revenue of $24.53 million for the quarter.
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