Resolute forest products inc. reports earnings results for the third quarter ended september 30, 2019

Resolute forest products inc. announced earnings results for the third quarter ended september 30, 2019. for the third quarter, the company announced sales was usd 705 million compared to usd 974 million a year ago. operating loss was usd 18 million compared to operating income of usd 135 million a year ago. net loss was usd 43 million compared to net income of usd 117 million a year ago. basic loss per share was usd 0.47 compared to basic earnings per share of usd 1.28 a year ago. diluted loss per share was usd 0.47 compared to diluted earnings per share of usd 1.25 a year ago.for the nine months, sales was usd 2,255 million compared to usd 2,824 million a year ago. operating income was usd 86 million compared to usd 304 million a year ago. net income was usd 24 million compared to usd 199 million a year ago. basic earnings per share was usd 0.26 compared to usd 2.18 a year ago. diluted earnings per share was usd 0.26 compared to usd 2.14 a year ago.
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