More on Goldfield's Q2 results

|About: Goldfield Corp (The) (GV)|By:, SA News Editor

Net loss of $(238K), or $(0.01) per share, vs. $(706K), or $(0.03) per share, in the comparable prior year period.

Revenue increased 23% Y/Y to $25.3M from $20.6M in the same quarter of 2013.

The Company has been focusing on developing and growing electrical construction services under multi-year Master Service Agreements (MSA). Total MSA backlog grew five-fold to approximately $190M as of June 30, 2014, from $31M as of June 30, 2013.

Q2 results