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Rhino Resource Partners (RNO -1.5%) raises 2012 revenue guidance to $348M-$353M, up from prior...
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Wednesday, January 30, 2:59 PM ETRhino Resource Partners (RNO -1.5%) raises 2012 revenue guidance to $348M-$353M, up from prior $320M-$340M, and lifts 2012 sales tons to 4.5M-4.7M from prior 4.3M-4.6M. Anticipates adjusted 2013 EBITDA of $60-$80 on production of 3.7M-4.3M tons. Signs a multi-year initial sales contract with a regional utility for 800K tons/year and anticipates additional contracts in the near future.
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