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Article: North Coast Energy, Inc. Fiscal Year 1998 Second Quarter Highlighted by Improved Operating Income and Debt Reduction
- Article from:
- PR Newswire
- Article date:
- November 14, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CLEVELAND, Nov. 14 /PRNewswire/ -- NORTH COAST ENERGY, INC. (Nasdaq: NCEB) today reported financial results for the three and six month periods ending September 30, 1997. Operating income for the three months ended September 30, 1997 was $103,994 compared to an operating loss of $29,295 for the three months ended September 30, 1996. Six month operating income was $431,648 compared to $370,964 for the six months ending September 30, 1996. The net loss for the three month period was $120,682 or $0.02 per share compared to a net loss of $228,106 or $0.04 per share for the three month period ending September 30, 1996. For the comparative six months, the net loss was ...