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Barnwell Industries, Inc. Reports First Quarter Results
BRNBarnwell Industries(BRN) Newsfilter·2024-02-12 11:00

Meaningful Production Increases Across all ProductsContinued Reduction in General and Administrative Expenses HONOLULU, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE:BRN) today reported financial results for the first quarter ended December 31, 2023. The Company posted quarterly revenue of 6,155,000andanetlossof6,155,000 and a net loss of 664,000, or 0.07pershare.InthethreemonthsendedDecember31,2022,theCompanyhadquarterlyrevenueof0.07 per share. In the three months ended December 31, 2022, the Company had quarterly revenue of 7,511,000 and net earnings of 1,089,000,or1,089,000, or 0.11 per shar ...