Superior Energy Services (SPN) Misses Q1 EPS by 7c, Revenues Miss

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Go back to Superior Energy Services (SPN) Misses Q1 EPS by 7c, Revenues Miss

Superior Energy Services Announces First Quarter 2019 Results

April 23, 2019 4:15 PM EDT

HOUSTON, April 23, 2019 (GLOBE NEWSWIRE) -- Superior Energy Services, Inc. (the Company) today announced a net loss from continuing operations for the first quarter of 2019 of $47.7 million, or $0.31 per share, on revenue of $467.2 million.  This compares to a net loss from continuing operations of $750.2 million, or $4.85 per share, for the fourth quarter of 2018, on revenue of $539.3 million and a net loss from continuing operations of $59.9 million, or $0.39 per share for the first quarter of 2018, on revenue of $482.3 million. 

David Dunlap, President and CEO, commented, First quarter results were in line with our expectations.  U.S. land... More