TransCoastal Corporation Reports Consolidated Restated Earnings Results for the Year Ended December 31, 2012 and December 31, 2013
May 07, 2014 at 02:38 pm EDT
TransCoastal Corporation reported consolidated restated results for the year ended December 31, 2012 and December 31, 2013. For the year ended December 31, 2013, the company's restated operating loss was $3,403,000 compared to operating loss of $3,271,000 as previously reported. Net loss was $4,053,000 or $0.18 per diluted share compared to net loss of $3,921,000 or $0.17 per diluted share as previously reported.
For the year ended December 31, 2012, the company's restated operating income was $1,791,000 compared to operating income of $1,909,000 as previously reported. Net income was $1,036,000 or $0.05 per diluted share compared to net income of $1,154,000 or $0.05 per diluted share as previously reported.