The Icelandic geothermal producer, which Magma added to its books on 17 August, contributed revenue of $8m in the quarter ended 30 September, compared to $1m from Magma’s Soda Lake project in Nevada.
That helped Vancouver, Canada-based Magma post net income of $13.4m, or $0.05 per share. In the same period last year, Magma had a loss of $2.7m or $0.01
