Americas Gold and Silver Reports Third Quarter Earnings Miss and Lowered Silver Output Guidance
Americas Gold and Silver (USAS) reported third-quarter financial results that fell short of analyst expectations for both earnings per share and revenue. The company posted a non-GAAP EPS of -$0.02, missing estimates by $0.05, while revenue reached $51.4 million, falling $12.3 million below projected figures despite a significant 68% year-over-year increase. While Adjusted EBITDA rose to $9.3 million ($0.03 per share) compared to $1.9 million in the prior year period, the company's outlook remains cautious. Management has guided for silver production at the low end of its full-year forecast, signaling potential operational headwinds or lower-than-expected yields.
Tickers: $USAS
Topics: earnings miss EBITDA revenue growth
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Part of the story Aya Gold & Silver GAAP EPS of $0.22, revenue of $103.29M (3 articles)