Eco-stim Energy Solutions (ESES) Misses Q2 EPS by 15c, Revenues Miss

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EcoStim Energy Solutions Reports Second Quarter 2018 Results

August 14, 2018 6:00 AM EDT

HOUSTON, TEXAS, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Eco-Stim Energy Solutions, Inc. (NASDAQ: ESES) (EcoStim or the Company) announced its financial and operating results for the quarter ended June 30, 2018.

Q2 2018 HIGHLIGHTS

Revenues for Q2 2018 grew 114% over Q2 2017 to $18.2 million from $8.5 million; revenues for Q2 2018 increased by $0.4 million as compared with Q1 2018 Two U.S. fleets combined into one super fleet to improve efficiency; resulted in new Company record with 130 stages completed in June 2018 and Company record fleet revenue set in July... More