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 Newmont Corporation Reports Net Income of $155 Million for Q2 2023

Newmont Corporation Reports Net Income of $155 Million for Q2 2023

Revenue Declines to $2.68 Billion, Affecting Newmont Corporation's Earnings in Q2 2023

By USInMinutes
Published - Jul 20, 2023, 09:24 AM ET
Last Updated - Jul 20, 2023, 09:24 AM EDT

Newmont Corporation,(NEM) one of the world's leadi ng gold and copper producers, has released its financial results for the second quarter of 2023. The company reported a net income of $155 million during the quarter. However, the company's revenue declined to $2.68 billion, impacting its overall financial performance.

Newmont Corporation Reports Net Income of $155 Million for Q2 2023

Newmont Corporation announced a net income of $155 million for the second quarter of 2023. This represents a decrease compared to the same period last year when the company reported a net income of $400 million. Despite the decline, the company managed to maintain a profitable position during the quarter.

Revenue Declines to $2.68 Billion, Affecting Newmont Corporation's Earnings in Q2 2023

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