Quintana Energy Services (QES) Misses Q3 EPS by 17c

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Go back to Quintana Energy Services (QES) Misses Q3 EPS by 17c

Quintana Energy Services Reports Third Quarter 2018 Results

November 6, 2018 5:38 PM EST

HOUSTON--(BUSINESS WIRE)-- Quintana Energy Services Inc. (NYSE: QES) (QES or the Company) today reported financial and operating results for the third quarter ended September30, 2018.

Third Quarter 2018 Financial Highlights

Third quarter 2018 revenue of $150.9 million, compared to $152.5 million from the second quarter of 2018. Third quarter 2018 net loss was $2.4 million and Adjusted EBITDA was $12.9 million, compared to a net income of $2.1 million and Adjusted EBITDA of $17.9 million for the second quarter of 2018. In the third quarter of 2017, revenue was $113.3 million, net loss was $8.4 million and Adjusted EBITDA was $6.8 million. See Non-GAAP Financial... More