On a diluted per share basis
, earnings were USD0.17 as against USD0.15 for the quarters ending June 30, 2019 and 2018, respectively.
The company has also adjusted its 2019 production growth guidance to a range of 16 to 18 percent (24 to 26 percent on a debt-adjusted per share basis
) due in large part to a change in the operating plan resulting from a unique opportunity to acquire acreage adjacent to an eight-well pad, allowing the company to increase the total lateral footage on the pad by approximately 28,000 feet (increasing the average lateral length per well from 8,950 feet to 12,450 feet).
This marks a decline in earnings when compared with a net loss of USD38.5m (USD0.82 on a fully diluted per share basis
) for the same period in 2017.
On a per share basis
, adjusted net income was USD 0.75 in the third quarter of 2018, compared to adjusted net loss of USD 0.34 for the third quarter of 2017.
It reported a net loss available to shareholders of $271 million in the third quarter of 2018, or $2.26 on a per share basis
, compared to net loss available to shareholders of $943 million in the third quarter of 2017.(1) The company ended the third quarter of 2018 with stockholders' equity ("book value") of $12.9 billion, or $108.45 on a per share basis
, and book value, excluding accumulated other comprehensive income ("AOCI"), of $12.3 billion, or $103.80 on a per share basis
The transaction is expected to be accretive on a free cash flow per share basis
for LLA shareholders.
Operating FFO for the first quarter of 2016 on a fully diluted per share basis
was USD0.68 per share, an increase of 35.0 percent compared to Operating FFO per share of USD0.50 for the first quarter of 2015.
This acquisition will be dilutive on a GAAP and adjusted earnings per share basis
in SurModics' fiscal year 2016 and accretive on an adjusted earnings per share basis
in fiscal year 2017.
On a per share basis
, the group earned 0.33 in the quarter against 0.42.
Funds from operations (FFO) for the first quarter of 2006 was $53.9 million, or $0.50 on a diluted per share basis
, compared with $56.0 million, or $0.53 on a diluted per share basis
, in the first quarter of 2005.
The company announced that net income for the quarter was USD327,000, or break-even on a per share basis
, compared with USD7.57m or USD0.11 per share in the year-ago period.