Superior Energy Services (SPN) Misses Q3 EPS by 2c, Beats on Revenues

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Go back to Superior Energy Services (SPN) Misses Q3 EPS by 2c, Beats on Revenues

Superior Energy Services Announces Third Quarter 2018 Results

October 22, 2018 4:15 PM EDT

HOUSTON, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Superior Energy Services, Inc. (the Company) today announced a net loss from continuing operations for the third quarter of 2018 of $21.8 million, or $0.14 per share, on revenue of $573.1 million.  This compares to a net loss from continuing operations of $25.4 million, or $0.16 per share, for the second quarter of 2018, on revenue of $535.5 million and a net loss from continuing operations of $57.2 million, or $0.37 per share for the third quarter of 2017, on revenue of $506.0 million. 

David Dunlap, President and CEO, commented Our third quarter results demonstrate the value of our geographic diversity and unique... More