Westmoreland Coal (WLB) leap on Q3 results
Normal 0 false false false MicrosoftInternetExplorer4 Westmoreland Coal Company (Nasdaq:WLB) shares hiked 6.6% to $9.51, after it reported third-quarter total revenues of $161.3 million for Q3 2012 compared to $132.4 million in Q3 2011, an increase of 21.8%. Net income applicable to common shareholders of $7.3 million ($0.52 per basic and $0.50 per diluted share) for Q3 2012 compared to a Q3 2011 net income of $2.4 million ($0.18 per basic and diluted share). Year-to-date net loss for 2012 was $4.6 million compared to a year-to-date net loss for 2011 of $23.3 million. Share volume was just slightly less than 7,000 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}
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