American resources corporation reports record preliminary revenue growth for second quarter of 2022
Record q2 2022 quarterly revenues of $16.2 million which represents the best in company's history with significant expansion opportunities over the balance of the year company's carbon platform well positioned to capitalize on continued market strength and opportunities over the next several years fishers, in / accesswire / july 19, 2022 / american resources corporation (nasdaq:arec) ("american resources" or the "company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today reported its preliminary revenue for its second quarter ended june 30, 2022. american resources expects its preliminary second quarter 2022 revenue to be $16.196 million as compared with $9.08 million in the first quarter 2022 and $393,210 in the second quarter 2021, representing 78% quarter-over-quarter growth and over 4000% year-over-year growth, respectively.
AREC Ratings Summary
AREC Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission