Keane Group (FRAC) Reports In-Line Q2 EPS, Revenues Beat

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Go back to Keane Group (FRAC) Reports In-Line Q2 EPS, Revenues Beat

Keane Announces Second Quarter 2018 Financial and Operational Results

July 30, 2018 4:50 PM EDT

HOUSTON--(BUSINESS WIRE)-- Keane Group, Inc. ("Keane" or the "Company") today reported second quarter 2018 financial and operational results.

Results and Recent Highlights

Reported second quarter 2018 revenue of $578.5 million, compared to first quarter 2018 of $513.0 million Realized second quarter 2018 net income of $30.7 million, compared to first quarter 2018 net loss of $8.2 million Achieved second quarter 2018 Adjusted EBITDA of $111.3 million, compared to first quarter 2018 of $91.3 million Reported annualized Adjusted Gross Profit per fleet of $20.0 million, compared to first quarter 2018 of $17.0 million Averaged 26.3 deployed hydraulic... More