NexTier Oilfield Solutions (NEX) Tops Q2 EPS by 16c

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Go back to NexTier Oilfield Solutions (NEX) Tops Q2 EPS by 16c

NexTier Announces Second Quarter 2020 Financial and Operational Results

August 3, 2020 4:30 PM EDT

HOUSTON, Aug. 3, 2020 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today reported second quarter 2020 financial and operational results. 

Second Quarter 2020 Results and Recent Highlights

Reported revenue of $196.2 million in the second quarter of 2020, compared to $627.6 million in the first quarter of 2020 Reported net loss of $112.5 million in the second quarter of 2020, compared to net loss of $71.8 million in the first quarter of 2020 Reported SG&A of $38.0 million in the second quarter of 2020, compared to $56.9 million in the first quarter of... More