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U.S. Geothermal reports 2Q loss

BOISE, Idaho (AP) _ U.S. Geothermal Inc. (HTM) on Thursday reported a loss of $440,000 in its second quarter.

On a per-share basis, the Boise, Idaho-based company said it had a loss of 2 cents. Losses, adjusted for pretax gains, were 3 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.

The renewable energy exploration company posted revenue of $6.3 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $4.20. A year ago, they were trading at $4.69.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HTM at https://www.zacks.com/ap/HTM


Keywords: U.S. Geothermal, Earnings Report