Run of River Power Reports First Quarter Results

Business and FinanceBusiness and Finance

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Run of River Power Reports First Quarter Results

[ Thu, May 27th 2010 ] - Market Wire

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Run of River Power Reports First Quarter Results

^{Published on 2010-05-27 14:05:18 - Market Wire}

 ------------------------------------------------------------------------- Three months ended March 31 ($000's except per share & generation amounts) 2010 2009 ------------------------------------------------------------------------- Electricity sales 180 86 EBITDA(1) (393) (395) Net loss (689) (746) Basic and diluted loss per share (0.01) (0.01) Cash flow used in operations (8) (471) Total assets 32,538 31,455 Generation (MWh) 3,069 1,471 ------------------------------------------------------------------------- (1) EBITDA is earnings before interest, taxes, depreciation and amortization and is not a measure under Canadian Generally Accepted Accounting Principles ("GAAP") and may not be comparable to similar measures presented by other companies. Refer to Non-GAAP measures section of the MD&A for an explanation and reconciliation.