Pedevco Q2 Swings to Earnings, Revenue Rises

MT Newswires Live

08/14

Pedevco (PED) reported Q2 earnings late Thursday of $1.31 per diluted share, swinging from a loss of $0.37 a year earlier.

Two analysts polled by FactSet expected $0.36.

Revenue for the three months ended June 30 was $46.1 million, up from $7 million a year earlier.

Two analysts expected $38 million.

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