Ships 2.0 million tons of coking coal despite extended channel closure in Baltimore Sets quarterly production record in metallurgical segment Achieves net income of $14.8 million and adjusted EBITDA of $60.0 million Repurchases 94,367 shares and declares quarterly cash dividend of $0.25 per share
Arch Resources Inc. today reported net income of $14.8 million, or $0.81 per diluted share, in the second quarter of 2024, compared with net income of $77.4 million, or $4.04 per diluted share, in the prior-year period. Arch had adjusted earnings before interest, taxes, depreciation, depletion, amortization, accretion on asset retirement obligations, and non-operating expenses 1 of $60.0 million in the second quarter of 2024. This compares to $130.4 million of adjusted EBITDA in the s...