Alpha Metallurgical Resources Reported Q2 Adjusted EBITDA Of $116M Down From $189.6M A Year Ago
Portfolio Pulse from Benzinga Newsdesk
Alpha Metallurgical Resources reported a Q2 adjusted EBITDA of $116 million, down from $189.6 million a year ago.
August 05, 2024 | 11:34 am
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Alpha Metallurgical Resources reported a significant decline in Q2 adjusted EBITDA, falling to $116 million from $189.6 million a year ago. This indicates a potential decrease in profitability and could negatively impact investor sentiment.
The significant drop in adjusted EBITDA suggests a decline in profitability, which is likely to negatively impact investor sentiment and the stock price in the short term.
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