Superior Drilling Products (SDPI) Tops Q4 EPS by 1c

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Go back to Superior Drilling Products (SDPI) Tops Q4 EPS by 1c

Superior Drilling Products, Inc. Revenue Increased 6.4% to $5.4 Million in First Quarter 2020

May 8, 2020 6:30 AM EDT

Strong Contract Services demand and Drill-N-Ream® performance in Middle East drove growth Cash generated from operations of $2.2 million in the quarter Company responding rapidly to severe state of the global oil industry Executed amendment to Hard Rock Note deferring $1.5 million in principal payments into 2021 and 2022 Exclusivity restrictions for drill bit repair lifted by legacy customer

VERNAL, Utah--(BUSINESS WIRE)-- Superior Drilling Products, Inc. (NYSE American: SDPI) (SDP or the Company), a designer and... More