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Barnwell Industries, Inc. Reports Results for its Second Quarter Ended March 31, 2024
BRNBarnwell Industries(BRN) Newsfilter·2024-05-14 10:00

Production Increases for All Products Continued Reduction in General and Administrative Expenses HONOLULU, May 14, 2024 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE:BRN) today reported financial results for its second fiscal quarter ended March 31, 2024. For the quarter, the Company had revenue of 5,774,000andanetlossof5,774,000 and a net loss of 1,772,000, 0.18pershare.InthethreemonthsendedMarch31,2023,theCompanyreportedquarterlyrevenueof0.18 per share. In the three months ended March 31, 2023, the Company reported quarterly revenue of 5,239,000 and a net loss of 1,237,000,1,237,000, 0.12 per share. Mr. Cr ...