Coronado Q1 2023 revenue $766M, up 6.8% QoQ; reaffirms FY23 guidance

Coronado Global Resources Inc.

Group Revenue of $766M for March quarter, up 6.8% from prior December quarter.
Closing Cash $498M, Net Cash $256M as of March 31, 2023.
Group Saleable production 3.7 Mt; sales volumes 3.7 Mt, down 7.9% QoQ due to train derailment.
Realized Met Coal price $239.7/t, up 7.6%; PLV HCC FOB AUS index $343.9/t, up 23.7%.
FY23 guidance reaffirmed: Saleable Production 16.8-17.2 Mt, avg mining costs $84-$87/t, capex $260-$290M.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.85

Coronado Global Resources Inc. reported quarter ended March 31, 2023 results: revenue $766 million. Guidance reaffirmed.

Period: quarter ended March 31, 2023
Revenue: $766 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Group Revenue of $766 million for the March quarter, up 6.8% on the prior December quarter Group Revenue of $717 million.

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Source: SEC EDGAR

accession 0001104659-23-051748

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