Newpark Resources Reports Second Quarter 2018 Results

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Newpark Resources (NR) Tops Q2 EPS by 3c, Revenues Beat

July 26, 2018 4:33 PM EDT

Newpark Resources (NYSE: NR) reported Q2 EPS of $0.12, $0.03 better than the analyst estimate of $0.09. Revenue for the quarter came in at $236.3 million versus the consensus estimate of $224.81 million.

Paul Howes, Newpark's President and Chief Executive Officer, stated, "We're very pleased to report another solid quarter, with both segments continuing to make meaningful strides in the execution of our long-term strategy. Consolidated revenues increased 4% sequentially to $236 million in the... More