NexTier Oilfield Solutions (NEX) Tops Q2 EPS by 6c
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NexTier Announces Second Quarter 2022 Financial and Operational Results
July 26, 2022 4:05 PM EDTHOUSTON, July 26, 2022 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today reported second quarter 2022 financial and operational results.
Second Quarter 2022 Results and Recent Highlights
Total revenue of $842.9 million, a 33% sequential increase and 189% year-over-yearAchieved fifth consecutive quarter of 25%+ revenue growthNet income of $68.5 million ($0.27 per diluted share), compared to $8.8 million ($0.04 per diluted share) in the prior quarter and net loss of $31.8 million in second quarter of 2021Adjusted net income(1) of $98.5... More