U. S. Well Services, Inc. (USWS) Misses Q3 EPS by 16c, Revenues Miss

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Go back to U. S. Well Services, Inc. (USWS) Misses Q3 EPS by 16c, Revenues Miss

U.S. Well Services Announces Third Quarter 2020 Financial and Operational Results

November 5, 2020 4:15 PM EST

HOUSTON, Nov. 5, 2020 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company", "U.S. Well Services" or "we") (NASDAQ: USWS) today reported third quarter 2020 financial and operational results.  

Third Quarter 2020 Highlights

Averaged 4.2 fully-utilized fleets compared to 3.4 fully-utilized fleets during the second quarter of 2020 Total revenue of $44.0 million compared to $39.8 million in the second quarter of 2020 Net loss attributable to the Company of $15.9 million compared to net loss of $18.1 million in the second quarter of 2020 Adjusted EBITDA(1) of $7.9 million compared to $8.5 million in the second... More