CNX Resources (CNX) Reports Q1 Loss of $1.76, Revenues Beat
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CNX Reports First Quarter Results and Provides Strategic Long-Term Plan Update
April 27, 2020 6:45 AM EDTPITTSBURGH, April 27, 2020 /PRNewswire/ --Â CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") reports the following financial results, which are in accordance with generally accepted accounting principles (GAAP) in the U.S.:
During the first quarter of 2020:
Reported a Net loss attributable to CNX shareholders of $329 million, or a loss of $1.76 per diluted share compared to a first quarter 2019 Net loss attributable to CNX shareholders of $87 million, or a loss of $0.44 per diluted share. The first quarter 2020 included non-cash impairment charges of $473 million for goodwill attributable to the midstream... More