Barnwell industries, inc. reports results for its first quarter ended december 31, 2024

Honolulu, feb. 14, 2025 (globe newswire) -- barnwell industries, inc. (nyse american: brn) today reported financial results for its first quarter ended december 31, 2024. for the quarter, the company had revenue of $4,477,000 and a net loss of $1,917,000 or $0.19 per share. in the three months ended december 31, 2023, the company reported quarterly revenue of $6,155,000 and a net loss of $664,000 or $0.07 per share. the company remains debt free and ended the quarter with $642,000 in working capital, including $1,957,000 in cash and cash equivalents.
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