Syntroleum Corporation (SYNM) Announces Third Quarter 2007 Financial Results
Syntroleum Corporation (SYNM) announced financial results for the three and nine months ended September 30, 2007. Syntroleum Corp's fiscal results have shown: • Year-to-date earnings per share totaled $0.04, versus a loss of ($0.75) for the same period of 2006 • Cash position of $27.1 million as of September 30, 2007 • Third quarter net cash used in operating activities was $3.7 million • Dynamic Fuels joint venture with Tyson Foods is ahead of schedule • The Company received $2 million through the sale of a portion of corporate debt More specifically, for the third quarter that ended September 30,…