Silvercorp Metals reports $0.21 non-GAAP EPS, missing expectations by $0.02, while revenue rises 70.5% year-over-year to $138.67M.
Silvercorp Metals posted a first-quarter non-GAAP earnings per share of $0.21, falling short of estimates by $0.02. Revenue reached $138.67M, a 70.5% increase year-over-year and $5.07M above expectations.
The company produced approximately 1.5 million ounces of silver and 2,536 ounces of gold, equivalent to 1.7 million ounces of silver. Prior-year revenue stood at $81.3M, with consensus estimates anticipating $133.6M for the quarter.
No immediate market reaction was disclosed in the release.