Barnwell Industries, Inc. Reports Results for its First Quarter Ended December 31, 2024

HONOLULU, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported financial results for its first quarter ended December 31, 2024. For the quarter, the Company had revenue of $4,477,000 and a net loss of$1,917,000 or $0.19 per share. In the three months ended December 31, 2023, the Company reported quarterly revenue of$6,155,000 and a net loss of $664,000 or$0.07 per share. The Company remains debt free and ended the quarter with $642,000 in working capital, includ ...