Quintana Energy Services (QES) Misses Q2 EPS by 5c, Revenues Beat
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Quintana Energy Services Reports Second Quarter 2018 Results
August 8, 2018 4:59 PM EDTHOUSTON--(BUSINESS WIRE)-- Quintana Energy Services Inc. (NYSE: QES) (QES or the Company) today reported financial and operating results for the second quarter ended June 30, 2018.
Second Quarter 2018 Financial Highlights
Second quarter 2018 revenue grew 7.9% to $152.5 million, up from $141.3 million in the first quarter of 2018. Second quarter 2018 net income was $2.1 million and Adjusted EBITDA was $17.9 million, compared to a net loss of $16.4Â million and Adjusted EBITDA of $15.5 million for the first quarter of 2018. In the second quarter of 2017, revenue was $108.5 million, net loss was $3.1 million and Adjusted EBITDA was $11.7 million. See Non-GAAP Financial... More
