ProPetro Holding (PUMP) Misses Q3 EPS by 3c
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ProPetro Reports Financial Results for the Third Quarter of 2021
November 2, 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 third quarter of 2021.
Third Quarter 2021 and Recent Highlights
Total revenue for the quarter increased 15% to $250 million compared to $217 million for the second quarter of 2021. Net loss for the quarter improved over 40% to $5 million, or $0.05 per diluted share, compared to net loss of $9 million, or $0.08 per diluted share, for the second quarter of 2021. Adjusted EBITDA(1) for the quarter increased 18% to $42 million compared to $36 million for... More