ProFrac Holding Corp. (ACDC) reported revenue at $581.5 million, provides outlook

ProFrac Holding Corp. (NASDAQ: ACDC) reported revenue for the quarter came in at $581.5 million versus the consensus estimate of $586.1 million.

Outlook:

Outlook

In the Stimulation Services segment, the Company anticipates pricing to remain steady. Because of our superior cost structure and operating leverage, we continue to see opportunities to further improve profitability per fleet.

In the Proppant Production segment, volumes and profitability are expected to improve as we see third party volumes expand alongside our stimulation services segment volumes.

For earnings history and earnings-related data on ProFrac Holding Corp. (ACDC) click here.

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