Posted on 08/11/2004 5:15:37 AM PDT by MeneMeneTekelUpharsin
WASHINGTON -- The following table is a summary of Mirant Corp.'s (MIRKQ) financial information for the second quarter ended June 30, as reported in the company's quarterly report filed Monday with the Securities and Exchange Commission.
Months Ended June 30:
.................................... 2004 ................... 2003
Operate revenues $1,264,000,000 $1,248,000,000
Operating income 114,000,000 (2,046,000,000)
Net income 32,000,000 (2,202,000,000)
Net income a share .08 (5.44)
Figures in parentheses are losses.
Atlanta-based Mirant filed for Chapter 11 bankruptcy protection in July 2003, listing assets of $20.57 billion and debts of $11.4 billion. The energy company produces and sells electricity in North America, the Caribbean and the Philippines.
Finally...justification. The stock price obviously jumped up some 20+% yesterday. Duh.
FYI...might want to look at the chart from yesterday. Good volume. Maybe this one will make it. Enron hurt a LOT of folks unnecessarily.
Funny how you fellas are conspicuously silent now. FYI.
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It's good to see Mirant turning a profit, modest as it is. What this economy needs is everyone generating healthy profits.
Good to see they are making a profit!
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