Vaalco Energy Inc. (NYSE:EGY) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share decreased 20% to $0.12 in the quarter versus EPS of $0.15 in the year-earlier quarter. Revenue Decreased 2.63% to $44.1 million from the year-earlier quarter.
Vaalco Energy Inc. reported adjusted EPS income of $0.12 per share. By that measure, the company missed the mean analyst estimate of $0.25.