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

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