PROPETRO HOLDING CORP. (PUMP) Tops Q3 EPS by 5c

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Go back to PROPETRO HOLDING CORP. (PUMP) Tops Q3 EPS by 5c

ProPetro Reports Third Quarter 2017 Results

November 1, 2017 4:16 PM EDT

MIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. (ProPetro or the Company) (NYSE: PUMP) today announced financial and operational results for the third quarter of 2017.

Third Quarter 2017 Highlights

Total revenue for the quarter increased 32% to $282.7 million, compared to $213.5 million for the second quarter of 2017. Net income for the quarter was $22.0 million, or $0.25 per diluted share, as compared to $4.9 million, or $0.06 per diluted share, for the second quarter of 2017. Adjusted EBITDA for the quarter was $47.8 million, up 56% from $30.7 million for the second quarter of 2017. Adjusted... More