Laredo Petroleum (LPI) Reports In-Line Q3 EPS

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Laredo Petroleum Announces 2017 Third-Quarter Financial and Operating Results

November 1, 2017 4:54 PM EDT

TULSA, OK, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or "the Company") today announced its 2017 third-quarter results, reporting net income attributable to common stockholders of $11.0 million, or $0.05 per diluted share. Adjusted Net Income, a non-GAAP financial measure, for the third quarter of 2017 was $33.1 million, or $0.13 per adjusted diluted share. Adjusted EBITDA, a non-GAAP financial measure, for the third quarter of 2017 was $130.9 million. Please see supplemental financial information at the end of this news release for reconciliations of non-GAAP financial measures.

2017 Third-Quarter Highlights

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