Solaris Oilfield Infrastructure (SOI) Misses Q1 EPS by 1c, Revenues Beat
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Solaris Oilfield Infrastructure Announces First Quarter 2021 Results
May 3, 2021 4:05 PM EDTFirst Quarter 2021 Highlights
Net loss of $1.9 million, or $(0.04) per diluted Class A share, for the quarter ended March 31, 2021; Adjusted pro forma net loss of $1.6 million, or $(0.04) per diluted share for the quarter ended March 31, 2021 (see below for a reconciliation of Adjusted pro forma net income to net income attributable to Solaris) Adjusted EBITDA of $6.1 million for the quarter ended March 31, 2021 Net cash provided by operating activities of $2.8 million for the quarter ended March 31, 2021 Positive free cash flow of $0.1 million for the quarter ended March 31, 2021 Paid a regular quarterly dividend of $0.105... More