Newpark Resources (NR) Tops Q3 EPS by 2c

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NEWPARK RESOURCES REPORTS THIRD QUARTER 2022 RESULTS

November 1, 2022 4:15 PM EDT

Company provides updates on Strategic Actions; Impairments drive reported net loss of ($0.26) per share; Adjusted net income $0.06 per diluted share

THE WOODLANDS, Texas, Nov. 1, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced results for its third quarter ended September 30, 2022. Total revenues for the third quarter of 2022 were $219.9 million compared to $194.1 million for the second quarter of 2022 and $151.8 million for the third quarter of 2021. Net loss for the third quarter of 2022 was $24.6 million, or ($0.26)... More