Solaris Oilfield Infrastructure (SOI) Tops Q1 EPS by 2c, Beats on Revenues

Solaris Oilfield Infrastructure (NYSE: SOI) reported Q1 EPS of $0.31, $0.02 better than the analyst estimate of $0.29. Revenue for the quarter came in at $36 million versus the consensus estimate of $33.27 million.

First Quarter 2018 Highlights

• Record net income of $13.4 million
• Record adjusted EBITDA of $21.9 million; 44% increase versus fourth quarter 2017 and up 259% year-over-year
• Record revenue of $36.0 million; 43% increase versus fourth quarter 2017 and up 249% year-over-year
• Record 7,673 revenue days; 25% increase versus fourth quarter 2017 and up 192% year-over-year
• Added 21 proppant management systems to the rental fleet; total of 98 systems at quarter-end

For earnings history and earnings-related data on Solaris Oilfield Infrastructure (SOI) click here.

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