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August 7, 2009
Mirant Reports Second Quarter 2009 Results
Income from continuing operations of $163 million compared to a loss from continuing operations of $832 million for the second quarter of 2008
Adjusted EBITDA from continuing operations of $200 million compared to adjusted EBITDA from continuing operations of $143 million for the second quarter of 2008
Affirmed 2009 adjusted EBITDA guidance of $873 million and revised 2010 adjusted EBITDA guidance from $609 million to $570 million
ATLANTA Mirant Corporation (NYSE: MIR) today reported income from continuing operations for the second quarter of 2009 of $163 million compared to a loss from continuing operations of $832 million for the same period in 2008. Results for 2009 include unrealized losses, principally on hedges, of $14 million compared to $874 million for 2008. Per share results from continuing operations for the second quarter of 2009 were $1.12 per share, compared to a loss of $4.14 per share from continuing operations for the second quarter of 2008.
The following information was filed by Mirant Corp (MIR) on Friday, August 7, 2009 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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