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Arctic Glacier Posts Q3 Profit

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Arctic Glacier Income Fund (OTC: AGUNF) swung to a Q3 profit.

Arctic Glacier reported its quarterly net earnings at $21.6 million, or 2 cents per unit, versus a year-ago loss of $45.7 million, or $1.17 per unit. On an adjusted basis, Arctic Glacier's earnings came in at 11 cents per unit.

Arctic Glacier's sales surged 7% to $111.8 million.

Arctic Glacier shares closed at $0.0630 yesterday.

Posted-In: EarningsEarnings News

 

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