Results for Second Quarter Ended March 31, 2017Results for March 31 2017 quarter are very good. Higher prices are probable, but maybe not $15-$16 immediately.
Summary.
Sales up 15% over same quarter last year, 16% for same 6 month period.
40% increase in net income as compared to last year.
Consolidated EBITDA for the second quarter totaled $23.4 million compared to $16.9 million in the same quarter last year – an increase of 39%.
Operating cash flow before net change in non-cash working capital increased
net debt totaled $27.3 million as at March 31, 2017, down from $44.6 million at September 30, 2016
Exco's progressive trend continues
https://www.excocorp.com/releases/2017_04_26.htm