PEDEVCO (AMEX:PED) reported quarterly earnings of $1.31 per share which beat the analyst consensus estimate of $0.34 by 285.29 percent. This is a 427.5 percent increase over losses of $(0.40) per share from the same period last year. The company reported quarterly sales of $46.113 million which beat the analyst consensus estimate of $40.900 million by 12.75 percent. This is a 561.40 percent increase over sales of $6.972 million the same period last year.