Superior Energy Services (SPN) Reports In-Line Q2 EPS

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Go back to Superior Energy Services (SPN) Reports In-Line Q2 EPS

Superior Energy Services Announces Second Quarter 2015 Results

July 30, 2015 4:31 PM EDT

HOUSTON, July 30, 2015 /PRNewswire/ -- Superior Energy Services, Inc. (NYSE: SPN) (the "Company") today announced an adjusted net loss from continuing operations for the second quarter of 2015 of $47.4 million, or a $0.31 loss per share, excluding special items, on revenue of $710.8 million.  This compares to a net loss from continuing operations of $1.5 million, or $0.01 loss per share for the first quarter of 2015, on revenue of $917.2 million.  Reported loss from continuing operations for the second quarter of 2015 was $775.1 million, or a $5.15 loss per share.

In light of the continuing downturn in the oil and gas... More