Nuverra Environmental (NES) Reports Q3 Loss of $0.39

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Go back to Nuverra Environmental (NES) Reports Q3 Loss of $0.39

Nuverra Announces Third Quarter and Year-to-Date 2019 Results

November 5, 2019 4:30 PM EST

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Nuverra Environmental Solutions, Inc. (NYSE American: NES) (Nuverra, the Company, we, us or our) today announced financial and operating results for the third quarter and nine months ended September 30, 2019.

SUMMARY OF QUARTERLY RESULTS

Third quarter revenue was $43.1 million, a decrease of approximately 4.7%, or $2.1 million, when compared with revenue of $45.2 million in the second quarter of 2019. When compared to the same period in the prior year, third quarter revenue decreased 13.2%, or $6.6 million. Net loss for the third quarter was $6.1 million as compared to net... More