earnings
confidence high
sentiment positive
materiality 0.70
Hallador Q3 net income $1.6M vs Q2 loss; signs data center term sheet
HALLADOR ENERGY CO
2024-Q3 EPS reported
-$0.27
revenue$310,175,000
- Total revenue $105M (+12% QoQ); electric sales $71.7M (21% increase QoQ).
- Net income $1.6M ($0.04 EPS) vs Q2 loss $10.2M; Adjusted EBITDA $9.6M vs ($5.8M) Q2.
- Signed non-binding term sheet with leading global data center developer for 10+ year power supply; definitive agreements pending.
- Post-quarter: $60M prepaid PPA; bank debt reduced to $23.5M at Oct 31 from $91.5M end 2023.
- Forward contracted revenue $937.2M through 2029; total liquidity $53.8M at Oct 31.