Liberty Oilfield Services (LBRT) Tops Q1 EPS by 5c
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Liberty Oilfield Services Inc. Announces First Quarter 2019 Financial and Operational Results
April 30, 2019 4:41 PM EDTDENVER--(BUSINESS WIRE)-- Liberty Oilfield Services Inc. (NYSE: LBRT; Liberty or the Company) announced today first quarter 2019 financial and operational results.
Summary Results and Highlights
Revenue of $535 million and net income1 of $34 million, or $0.26 fully diluted earnings per share, for the quarter ended March31, 2019 Adjusted EBITDA2 of $85 million and annualized Adjusted EBITDA per average active fleet of $15.4 million for the quarter ended March31, 2019 Record quarterly proppant volumes pumped, more than 10% higher than previous quarterly record for the CompanyDespite facing a challenging market, we're proud to... More
