Nouveau Monde Graphite Q2 EPS $(0.03), Inline
Nouveau Monde Graphite (NYSE:NMG) reported quarterly losses of $(0.03) per share which met the analyst consensus estimate. This is a 70 percent increase over losses of $(0.10) per share from the same period last year.
Nouveau Monde Graphite lost money this quarter, but less than it did last year—that's a sign the company is moving in a better direction. When a company that's still losing money starts losing less, it hints that their plan might be working, so it's worth keeping an eye on their progress.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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