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
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