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Earthstone Energy Details Results For End Of Fiscal Year 2014

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June 12, 2014

On June 11, Earthstone Energy Inc. (NYSE MKT: ESTE) detailed its financial results for the end of fiscal year (FY) 2014. The FY ended March 31, the company said.

The company’s net income was about $3.9 million, and its revenue was about $17.5 million, Earthstone said. The net income and the revenue for FY 2013 were both lower, at about $1.8 million and $11.4 million, respectively, the company noted. During FY 2014, there was a 54% increase--$6.1 million—in revenue, and there was a 121% increase—$2.2 million—in net income, the company ...

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