Mammoth Energy Services Q2 2025 Results: Revenue Climbs to $15.4M; Net Loss Narrows to $35.7M; EPS Improves to -$0.74

Reuters
08/08
Mammoth Energy Services <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Revenue Climbs to $15.4M; Net Loss Narrows to $35.7M; EPS Improves to -$0.74

Mammoth Energy Services, Inc. (NASDAQ: TUSK) has reported its financial and operational results for the second quarter ending June 30, 2025. The company reported a net loss from continuing operations of $35.7 million for the quarter, a significant improvement from the $155.6 million net loss in the same period of 2024. Revenue from Mammoth's infrastructure services segment increased to $5.4 million, compared to $4.5 million in the second quarter of 2024, primarily due to a rise in fiber optic activity. The drilling services division maintained stable revenue at $0.7 million, consistent with the second quarter of 2024, but showed an increase from the first quarter of 2025, attributed to higher utilization. Selling, general, and administrative expenses significantly decreased to $5.3 million from $95.3 million in the same quarter of the previous year. Mammoth Energy executed three pivotal transactions in the quarter, including the sale of three infrastructure subsidiaries for a total of $108.7 million, as part of a strategic transformation towards a more demand-centric portfolio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mammoth Energy Services Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA47152) on August 08, 2025, and is solely responsible for the information contained therein.

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