ProPetro Q2 Loss Unchanged, Revenue Falls

MT Newswires Live

07/29

ProPetro (PUMP) reported a Q2 net loss Wednesday of $0.07 per diluted share, unchanged from a year earlier.

Analysts polled by FactSet expected a loss of $0.01.

Revenue for the quarter ended June 30 was $305.8 million, down from $326.2 million a year earlier.

Analysts surveyed by FactSet expected $304.5 million.

Shares of the company were up 8.3% in Wednesday's premarket activity.

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