ProPetro Holding (PUMP) Misses Q3 EPS by 1c, Revenues Beat

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ProPetro Reports Results for the Third Quarter 2018

November 6, 2018 4:15 PM EST

MIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. (ProPetro or the Company) (NYSE: PUMP) today announced financial and operational results for the third quarter of 2018.

Third Quarter 2018 and Recent Highlights

Total revenue for the quarter was $434.0 million, as compared to $459.9 million for the second quarter of 2018. Net income was $46.3 million, or $0.53 per diluted share, an increase of 18% from $39.1 million, or $0.45 per diluted share, for the second quarter of 2018. Adjusted EBITDA for the quarter was $103.4 million, an increase of 8% from $96.0 million for the second quarter of 2018.... More