U. S. Well Services, Inc. (USWS) Misses Q1 EPS by 17c, Revenues Beat

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Go back to U. S. Well Services, Inc. (USWS) Misses Q1 EPS by 17c, Revenues Beat

U.S. Well Services Announces First Quarter 2021 Financial and Operational Results

May 17, 2021 6:45 AM EDT

HOUSTON, May 17, 2021 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company", "U.S. Well Services" or "we") (NASDAQ: USWS) today reported first quarter 2021 financial and operational results.  

First Quarter 2021 Highlights

Averaged 8.8 fully-utilized fleets compared to 5.3 fully-utilized fleets during the fourth quarter of 2020 Total revenue of $76.3 million compared to $48.1 million in the fourth quarter of 2020 Net loss attributable to the Company of $20.6 million compared to net loss of $29.9 million in the fourth quarter of 2020 Adjusted EBITDA(1) of $11.5 million compared to $1.8 million in the fourth... More