Newpark Resources (NR) Misses Q1 EPS by 9c, Revenues Miss

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Newpark Resources Reports First Quarter 2020 Results

May 5, 2020 4:15 PM EDT

THE WOODLANDS, Texas, May 5, 2020 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced results for its first quarter ended March 31, 2020. Total revenues for the first quarter of 2020 were $164.6 million compared to $189.5 million for the fourth quarter of 2019 and $211.5 million for the first quarter of 2019. Net loss for the first quarter of 2020 was $12.1 million, or ($0.14) per share, compared to net loss of $17.1 million, or ($0.19) per share, for the fourth quarter of 2019, and net income of $1.3 million, or $0.01 per diluted share, for the first quarter of 2019. First quarter 2020 results... More