Trio Petroleum Q3 Loss Narrows as Sales Jump 81%
Trio Petroleum reported a narrower quarterly loss, with EPS improving to $(0.39) from $(1.57) year over year as sales rose to $348.581 thousand from $192.395 thousand. Despite the revenue increase, the company remains unprofitable. Shares fell 26.90% after hours, with market cap around $11.24 million, and cash stood at about $22 million.