Altima Energy Posts Wider Full-Year Loss of C$2.81 Million Despite 25.2% Revenue Growth

Altima Energy Inc. (ARH.V) reported a full-year loss of C$2.81 million, or C$0.05 per share, widening from a loss of C$2.04 million, or C$0.04 per share, a year earlier. Revenue for the period rose 25.2% to C$3.68 million from C$2.94 million last year, according to GAAP figures. The company did not disclose additional details on the factors behind the increased loss.