HOUSTON (AP) — HOUSTON (AP) — SilverBow Resources Inc. (SBOW) on Wednesday reported profit of $94.5 million in its first quarter.
On a per-share basis, the Houston-based company said it had profit of $4.17. Earnings, adjusted for non-recurring gains, came to 95 cents per share.
The energy company posted revenue of $140 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $176.6 million.
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