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Goldfield plunges after swinging to quarterly loss

Aug. 14, 2013 11:17 AM ETVisionary Holdings Inc. (GV) StockGVBy: Colin Lokey, SA News Editor1 Comment
  • Shares of Goldfield (GV -22.2%) plummet on the heels of the company's Q2 report.
  • The company reported a loss of $0.03/ share for the period (versus net income of $0.10/ share in Q2 2012) thanks largely to a "strategic business decision" to incur $3.7M in charges in order to "assure completion" of the STEC project.
  • Revenue was $20.6M for the quarter, up 11.3% Y/Y. (PR)

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