NexTier Oilfield Solutions (NEX) Misses Q3 EPS by 11c
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NexTier Announces Third Quarter 2021 Financial and Operational Results
November 8, 2021 4:05 PM ESTHOUSTON, Nov. 8, 2021 /PRNewswire/ --Â NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today reported third quarter 2021 financial and operational results.Â
Third Quarter 2021 Results & Recent Highlights
Generated total revenue of $393.2 million in Q3 2021, reflecting an increase of 35% compared to Q2 2021 Reported net loss of $44.0 million in Q3 2021, compared to net loss of $31.8 million in the prior quarter Adjusted net loss of $24.3 million in Q3 2021, compared to adjusted net loss of $41.7 million in the prior quarter Reported adjusted EBITDA(1) of $27.8 million in Q3 2021, compared to... More