The table below shows the US GAAP Pretax Income (Loss) From Continuing Operations for the first quarter of both 2020 and 2019 for both of these New Mexico Companies.
US | US | |||
GAAP | GAAP | |||
Pretax | Pretax | |||
Income | Income | |||
(Loss) | (Loss) | Better | ||
First | First | (Worse) | ||
Quarter | Quarter | % | ||
New Mexico Companies | 2020 | 2019 | Change | |
Market Caps Above $1 Bil | City HQs | mils $ | mils $ | |
PNM Resources | Albuquerque | (13) | 23 | |
Virgin Galactic Holdings | Las Cruces | (60) | (43) | |
Total both New Mexico Companies | (73) | (20) | -265% |