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Re: JDUR post# 264925

Tuesday, 07/30/2013 1:29:40 PM

Tuesday, July 30, 2013 1:29:40 PM

Post# of 647830
HTM, I have my eye right now for that .60 break. I think we get that and we could see $1 easy. Lots of insiders picking up shares. The CEO awhile back bought 277K shares on the open market at .36. Plus their last Q was a very impressive turn around.


U.S. Geothermal Inc. /quotes/zigman/27334 CA:GTH +2.08% (nyse mkt:HTM) today reported first quarter 2013 EBITDA of $4.38 million, compared to ($1.72) million in the prior year period. Net Income for the first quarter was $2.24 million compared to a Net Loss of $(2.42) million in the prior year period. Net Income (Loss) attributable to US Geothermal for the first quarter of 2013 was $1.39 million, or $0.01 per share, compared to $(1.64) million, or $(0.02) per share, in the prior year period. Cash & cash equivalents for the first quarter 2013 increased $3.56 million compared to a decrease in cash & cash equivalents of $(2.10) million in the prior year period.

"Our first quarter results were in line with our expectations, driven by improved operations at our San Emidio power plant and the successful startup and commissioning of the Neal Hot Springs power plant in the fourth quarter of 2012," said Dennis Gilles, U.S. Geothermal's Chief Executive Officer. "It is worth noting that the fourth quarter of 2012, and this first quarter of 2013 are the first two quarters that the company has experienced positive EBITDA, Net Income, and Cash Flows, since the company was started nearly 10 years ago. We are very proud of this accomplishment and grateful for the hard work and commitment of our U.S. Geothermal team and all others that have supported them and been involved in these projects to make this happen. We also wish to provide our 2013 full-year guidance for our Operating Revenues of between $25.9 to $26.8 million, and our EBITDA estimate of between $12.5 to $13.4 million."

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