C&J Energy (CJ) Tops Q4 EPS by 1c

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Go back to C&J Energy (CJ) Tops Q4 EPS by 1c

C&J Energy Services Announces Full Year and Fourth Quarter 2018 Financial Results

February 21, 2019 8:45 AM EST

HOUSTON, Feb. 21, 2019 /PRNewswire/ -- C&J Energy Services, Inc. ("C&J" or the "Company") (NYSE: CJ) today announced financial and operating results for the full year and fourth quarter ended December 31, 2018.

Full Year 2018 Results and Highlights

Grew consolidated revenue 35.6% year-over-year to $2.2 billion Generated a net loss of $130.0 million with consolidated Adjusted EBITDA(1) of $283.7 million Net increase in cash of $21.9 million with free cash flow(1) generation of $66.3 million Initiated $150.0 million share buyback program and repurchased $40.4 million of C&J common stock... More