India, Aug. 3 -- New Jersey Resources Corp. (NJR) on Monday reported a profit for the third quarter, compared with a loss a year ago.
The energy infrastructure company reported third-quarter net income of $9.7 million or $0.10 per share, compared with a net loss of $15.1 million or $0.15 per share in the prior-year quarter.
Net financial earnings, a non-GAAP measure, increased to $11.3 million or $0.11 per share from $6.2 million or $0.06 per share last year.
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Steve Westhoven, President and CEO of New Jersey Resources, stated, "Our year-to-date performance reflects the continued strength of our diversified business model, supported by solid execution acr...