Quarterly ResultMay 11, 2026, 04:16 PM
Ramaco Resources Q1 Net Loss $(18.3M); Revenue $121.6M
AI Summary
Ramaco Resources reported a significant widening of its net loss to $(18.319) million in Q1 2026, compared to a net loss of $(9.457) million in the prior year period. Revenue also saw a decline, falling to $121.613 million from $134.656 million year-over-year. The company experienced an increased operating loss and a substantial outflow of cash from operating activities, alongside a decrease in overall cash and cash equivalents.
Key Highlights
- Q1 2026 net loss widened to $(18.319) million, a 93.7% increase from $(9.457) million in Q1 2025.
- Q1 2026 revenue decreased by 9.7% to $121.613 million from $134.656 million in Q1 2025.
- Operating loss for Q1 2026 increased by 102.1% to $(24.305) million from $(12.022) million.
- Cash and cash equivalents stood at $355.205 million as of March 31, 2026, down from $440.347 million.
- Net cash used in operating activities for Q1 2026 was $(34.604) million.
- The company repurchased common stock, resulting in $(15.031) million in treasury stock.
- Total long-term debt, net, was $452.063 million as of March 31, 2026.
Price Impact
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