PROPETRO HOLDING CORP. (NYSE: PUMP) reported Q3 EPS of $0.25, $0.05 better than the analyst estimate of $0.20. Revenue for the quarter came in at $282.7 million versus the consensus estimate of $262.35 million.

• Total revenue for the quarter increased 32% to $282.7 million, compared to $213.5 million for the second quarter of 2017.
• Net income for the quarter was $22.0 million, or $0.25 per diluted share, as compared to $4.9 million, or $0.06 per diluted share, for the second quarter of 2017.
• Adjusted EBITDA for the quarter was $47.8 million, up 56% from $30.7 million for the second quarter of 2017. Adjusted EBITDA margin for the third quarter was 16.9% --- a substantial increase from 14.4% in the preceding quarter.
• Frac fleet remained fully utilized, including deployment of three new-build fleets, ending the period with total capacity of 645,000 hydraulic horsepower (“HHP”) --- more than a 26% increase as compared to the end of the second quarter of 2017.
• Recently took delivery and immediately commenced operations of an additional frac fleet bringing total deployed capacity to 690,000 HHP. The Company plans to build and deploy one additional fleet in the first quarter of 2018, which will increase total frac fleet capacity to 735,000 HHP, or 17 fleets.

For earnings history and earnings-related data on PROPETRO HOLDING CORP. (PUMP) click here.