OceanaGold Q2 Earnings, Revenue Rise; Shares Down Pre-Bell

MT Newswires Live

Aug 06

OceanaGold (OGC) reported fiscal Q2 adjusted net income late Wednesday of $0.98 per diluted share, up from $0.51 a year earlier.

Analysts polled by FactSet expected $1.06.

Revenue for the quarter ended June 30 was $647.3 million, up from $432.4 million a year earlier.

Two analysts polled by FactSet expected $721.9 million.

The company declared a quarterly dividend of $0.09 per share, payable Sept. 18 to shareholders of record on Aug. 19.

The company's shares were down 3.87% in premarket activity.

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