Seventy Seven Energy (SSE) Reports Q3 Loss of $0.93/Share

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Seventy Seven Energy Inc. Announces Third Quarter 2015 Operational and Financial Results

October 28, 2015 6:30 AM EDT

OKLAHOMA CITY--(BUSINESS WIRE)-- Seventy Seven Energy Inc. (NYSE: SSE) today reported financial and operational results for the third quarter of 2015. Key information related to SSE for the third quarter is as follows:

Consolidated Adjusted EBITDA of $41.1 million Positive free cash flow of $42.9 million Repurchased and cancelled $10.0 million of its 6.5% Senior Notes due 2022 Surpassed an SSE milestone of over 100 customers accounting for 36% of total revenue

SSE reported total revenues of... More