ProFrac Q1 Loss Widens, Revenue Falls

MT Newswires Live

05/07

ProFrac (ACDC) reported a Q1 net loss Thursday of $80.8 million, widening from a $15.4 million loss a year earlier.

Revenue for the quarter ended March 31 was $449.6 million, down from $600.3 million a year earlier.

Three analysts polled by FactSet expected $426.4 million.

The company's shares were down 1.1% in premarket activity.

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