Mammoth Energy Services (TUSK) Reports Q3 Loss of $0.02/Share

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Go back to Mammoth Energy Services (TUSK) Reports Q3 Loss of $0.02/Share

Mammoth Energy Service, Inc. Announces Third Quarter 2017 Operational and Financial Results

November 1, 2017 5:44 PM EDT

OKLAHOMA CITY, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Mammoth Energy Service, Inc. ("Mammoth" or the "Company") (NASDAQ: TUSK) today reported financial and operational results for the three and nine months ended September 30, 2017.

Key Highlights for and subsequent to the Third Quarter 2017:

Total revenue was $149.3 million for the three months ended September 30, 2017, up 136% from $63.3 million for the three months ended September 30, 2016 and up 52% sequentially from $98.3 million for the three months ended June 30, 2017.Net loss for the three months ended September 30, 2017 was $0.8 million, an improvement of $2.2 million from a net loss of $3.0 million... More