Superior Energy Services (SPN) Tops Q2 EPS by 6c

Go back to Superior Energy Services (SPN) Tops Q2 EPS by 6c

Superior Energy Services Announces Second Quarter 2018 Results

July 24, 2018 4:15 PM EDT

HOUSTON, July 24, 2018 (GLOBE NEWSWIRE) -- Superior Energy Services, Inc. (the Company) today announced a net loss from continuing operations for the second quarter of 2018 of $25.4 million, or $0.16 per share, on revenue of $535.5 million.  This compares to a net loss from continuing operations of $59.9 million, or $0.39 per share, for the first quarter of 2018, on revenue of $482.3 million and a net loss from continuing operations of $62.0 million, or $0.41 per share for the second quarter of 2017, on revenue of $470.1 million. 

Our results continued to improve during the second quarter, driven by increases in U.S. land utilization, commented David... More