Keane Group (FRAC) Tops Q4 EPS by 5c, Q1 Revenue Guidance Misses

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Go back to Keane Group (FRAC) Tops Q4 EPS by 5c, Q1 Revenue Guidance Misses

Keane Announces Fourth Quarter and Full-Year 2018 Financial and Operational Results

February 25, 2019 4:30 PM EST

HOUSTON--(BUSINESS WIRE)-- Keane Group, Inc. (NYSE: FRAC) (Keane or the Company) today reported fourth quarter and full-year 2018 financial and operational results.

Results and Recent Highlights

Reported fourth quarter 2018 revenue of $486.5 million, compared to third quarter 2018 of $558.9 million Realized fourth quarter 2018 net income of $6.1 million, compared to third quarter 2018 net income of $30.8 million Achieved fourth quarter 2018 Adjusted EBITDA of $88.4 million, compared to third quarter 2018 of $100.9 million Reported annualized Adjusted Gross Profit per fleet of $20.9 million, compared to third quarter 2018 of $20.5 million... More