OceanaGold Corporation Reports Q3 Earnings Miss on Revenue and EPS
OceanaGold Corporation (TSX:OGC) reported third-quarter financial results that fell short of market expectations. The company posted a Non-GAAP earnings per share (EPS) of $0.94, missing estimates by $0.29, while revenue reached $655 million, representing a significant miss of $224.63 million compared to projections. Despite the top and bottom-line misses, the company maintained healthy operational metrics, reporting an adjusted EBITDA margin of 58% and operating cash flow of $325 million. OceanaGold also highlighted strong liquidity, generating $155 million in quarterly free cash flow and a year-to-date total of $541 million.
Topics: cash flow earnings miss EBITDA revenue miss