ProPetro Holding (PUMP) Misses Q2 EPS by 2c
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ProPetro Reports Financial Results for the Second Quarter of 2021
August 3, 2021 4:10 PM EDTMIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) today announced financial and operational results for the second quarter of 2021.
Second Quarter 2021 and Recent Highlights
Total revenue for the quarter increased 34% to $217 million compared to $161 million for the first quarter of 2021. Net loss for the quarter was $9 million, or $0.08 per diluted share, compared to net loss of $20 million, or $0.20 per diluted share, for the first quarter of 2021. Adjusted EBITDA(1) for the quarter increased 78% to $36 million compared to $20 million for the first... More