ProPetro Holding (PUMP) Misses Q2 EPS by 9c, Revenues Beat
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ProPetro Reports Record Results for the Second Quarter 2018
August 7, 2018 4:35 PM EDTIncreased Efficiency Helps Drive Q2 Adjusted EBITDA to ~$96 Million and Related Margin of Almost 21%
MIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. (ProPetro or the Company) (NYSE: PUMP) today announced record financial and operational results for the second quarter of 2018.
Second Quarter 2018 and Recent Highlights
Total revenue for the quarter increased approximately 19% to $459.9 million, compared to $385.2 million for the first quarter of 2018. Net income for the quarter was $39.1 million, or $0.45 per diluted share, as compared to $36.7 million, or $0.42 per diluted share, for the... More