Superior Drilling Products (SDPI) Tops Q1 EPS by 3c

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Superior Drilling Products, Inc. First Quarter 2017 Revenue More than Doubles to $3.4 million

May 12, 2017 6:30 AM EDT

Net loss improved by $1.9 million; Adjusted EBITDA(1) improved by $1.5 million to 27% of revenue

VERNAL, Utah--(BUSINESS WIRE)-- Superior Drilling Products, Inc. (NYSE MKT: SDPI) (SDP or the Company), a designer and manufacturer of drilling tool technologies, today reported financial results for the first quarter ended March 31, 2017.

Troy Meier, Chairman and CEO, noted, "We... More