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UPDATE: Patriot Coal Posts Wider Q1 Loss

Patriot Coal Corp (NYSE: PCX) reported a wider first-quarter loss.

Patriot Coal posted a quarterly net loss of $75.3 million, or $0.82 per share, versus a year-ago loss of $15.9 million, or $0.17 per share.

Its revenue dropped 13% to $502.6 million.

Patriot Coal shares closed at $5.38 yesterday.

Posted-In: lossEarnings News

 

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