Craig-Hallum Downgrades Nuverra Environmental Solutions (NES) to Sell

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Go back to Craig-Hallum Downgrades Nuverra Environmental Solutions (NES) to Sell

Nuverra Reports Third Quarter And Year-To-Date 2015 Results

November 5, 2015 7:02 AM EST

SCOTTSDALE, Ariz., Nov. 5, 2015 /PRNewswire/ -- Nuverra Environmental Solutions, Inc. (NYSE: NES) ("Nuverra" or the "Company") announced financial and operating results today for the third quarter and nine months ended September 30, 2015.

SUMMARY OF THIRD-QUARTER RESULTS

Revenue from continuing operations was $76.5 million, a decrease of $63.1 million, or 45.2% from the third quarter of 2014. On a sequential comparison with the second quarter, revenue decreased 17.2%. Excluding special items, third-quarter net loss from continuing operations was... More