03:49 PM EST - Gran Tierra Energy Inc. : announced that its second-quarter net loss was $28.2 million U.S., compared to a net income of $8.5 million U.S. for the same period in 2008. On a per-share basis, the net loss was $0.12 U.S., compared to a net income of $0.07 U.S. in the second quarter of 2008. Funds flow from operations for the quarter was $36.0 million U.S., compared to $17.9 million U.S. in the year-ago quarter. Revenue and interest for the quarter increased 77% to $58.5 million U.S., from $33.1 million U.S. for the same period in 2008. Analysts polled by Thomson Reuters expected the company to report revenues of $66.03 million U.S. for the quarter. Gran Tierra Energy Inc.
shares T.GTE are trading down $0.11 at $4.08.
