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MarketWatch reported that increased costs for James River Coal Co. (NASDAQ:JRCC) resulted in a loss for the company’s third quarter.
MarketWatch reported that increased costs for James River Coal Co. (NASDAQ:JRCC) resulted in a loss for the company’s third quarter.
As quoted in the market news:
James River reported a loss of $3.7 million, or 11 cents a share, compared with a year-earlier profit of $9.2 million, or 33 cents a share. Revenue increased 77% to $303.9 million, while total cost of sales rose 98% to $288.8 million.