Mammoth Energy Services (TUSK) Misses Q3 EPS by 40c, Revenues Miss

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Go back to Mammoth Energy Services (TUSK) Misses Q3 EPS by 40c, Revenues Miss

Mammoth Energy Services, Inc. Announces Third Quarter 2019 Operational and Financial Results

November 7, 2019 4:05 PM EST

OKLAHOMA CITY, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ: TUSK) today reported financial and operational results for the third quarter ended September 30, 2019.

Financial Highlights for the Third Quarter of 2019:

Total revenue was $113.4 million for the three months ended September 30, 2019, down from $181.8 million for the three months ended June 30, 2019 and down from $384.0 million for the three months ended September 30, 2018.

Net loss for the three months ended September 30, 2019 was $35.7 million, or $0.79 per fully diluted share, as compared to net loss of $10.9 million, or... More