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NACCO reports $9.7M income from continuing operations in Q4'17

NACCO Industries Inc. on March 7 reported consolidated income from continuing operations of $9.7 million, or $1.40 per share, in the fourth quarter of 2017, compared to a consolidated loss from continuing operations of $4.6 million, or 68 cents per share, in the fourth quarter of the previous year.

Revenue was $26.4 million, compared with $25.3 million a year earlier. The company sold 9.2 million tons of coal in the fourth quarter, compared with 8.6 million tons in the same quarter a year earlier.

For the full year, GAAP net income was $28.5 million, or $4.14 per share, compared with $3.0 million, or 43 cents per share, a year earlier. Full-year revenue came in at $104.8 million, compared with $111.1 million the previous year.