Blue Dolphin Q2 net loss $6.4M ($0.43/share); revenue $69.7M, gross deficit $4.1M

BLUE DOLPHIN ENERGY CO

2024-Q2 EPS reported $0.02 revenue$160,681,000

Net loss of $6.35M vs $1.56M loss in Q2 2023; per-share loss $0.43.
Gross deficit $4.06M from $5.5M inventory impairment and $1.2M turnaround costs.
Adjusted EBITDA negative $5.92M, down from positive $0.78M a year ago.
Six-month net income $0.27M ($0.02/share); adjusted EBITDA $4.61M.
Working capital improved to positive $18.8M from deficit $6.1M at Dec 31, 2023.

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