BRIEF-Profrac Holding Corp. Reports Q2 Revenue Of $589.8 Million, Up 40%

Reuters

2022/08/12

Aug 11 (Reuters) - ProFrac Holding Corp :

* . REPORTS STRONG 2022 SECOND QUARTER FINANCIAL AND OPERATIONAL RESULTS

* QTRLY TOTAL REVENUE GREW APPROXIMATELY 40% SEQUENTIALLY TO $589.8 MILLION

* CAPITAL EXPENDITURES FOR FULL YEAR 2022 ARE EXPECTED TO RANGE FROM $265 MILLION TO $290 MILLION

* DEPLOYING ITS FIRST ELECTRIC FLEET DURING Q3 AND EXPECTS TO AVERAGE APPROXIMATELY 31 ACTIVE FLEETS FOR FULL QUARTER

* Q2 REVENUE VIEW $538.0 MILLION -- REFINITIV IBES DATA

Source text for Eikon: Further company coverage:

(Reporting by Rittik Biswas)

((Rittik.Biswas@thomsonreuters.com;))

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