C&J Energy Services (CJES) Misses Q1 EPS by 6c, Revenue Beats

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C&J Energy Services Announces First Quarter 2015 Results

May 6, 2015 5:35 PM EDT

HAMILTON, Bermuda, May 6, 2015 /PRNewswire/ -- C&J Energy Services Ltd. (NYSE: CJES) today reported net loss of ($30.7 million), or ($0.51) per diluted share, on revenue of $401.2 million for the first quarter of 2015, and Adjusted Net Loss(1) of ($7.4 million), or ($0.12) per diluted share(1), after excluding a $23.3 million after-tax, or $0.39 per diluted share, charge related to transaction costs associated with the combination (the "Transaction") of C&J Energy Services, Inc. ("Legacy C&J") with the completion and production services business (the "C&P Business") of Nabors Industries Ltd. ("Nabors").  Adjusted EBITDA(1) for the... More