ProPetro Holding (PUMP) Misses Q1 EPS by 4c
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ProPetro Reports Financial Results for the First Quarter of 2021
May 4, 2021 4:15 PM EDTMIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) today announced financial and operational results for the first quarter of 2021.
First Quarter 2021 and Recent Highlights
Total revenue for the quarter was $161 million compared to $154 million for the fourth quarter of 2020. Net loss for the quarter was $20 million, or $0.20 per diluted share, compared to net loss of $44 million, or $0.44 per diluted share, for the fourth quarter of 2020. Adjusted EBITDA(1) for the quarter was $20 million compared to $24 million for the fourth quarter... More