Keane Group (FRAC) Reports Q1 Loss Per Share of 7c
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Keane Announces First Quarter 2018 Financial and Operational Results
May 2, 2018 4:49 PM EDTHOUSTON--(BUSINESS WIRE)-- Keane Group, Inc. ("Keane" or the "Company") today reported first quarter 2018 financial and operational results.
Results and Recent Highlights
Reported first quarter 2018 revenue of $513.0 million, compared to fourth quarter 2017 of $501.5 million Realized first quarter 2018 net loss of $8.2 million, compared to fourth quarter 2017 net income of $43.9 million Achieved first quarter 2018 Adjusted EBITDA of $91.3 million, compared to fourth quarter 2017 of $93.8 million Reported annualized Adjusted Gross Profit per fleet of $17.0 million, compared to fourth quarter 2017 of $17.3 million Remain at... More