The third quarter financial results at Mammoth Energy Services, Inc. will be released next week.
The Oklahoma City company plans to report its results after the market closes on Thursday, October 27. Leaders will take part in a conference call and webcast later in the day to discuss the results.
The event will be held at 4 p.m. Central Time.
Investors are likely interested in knowing whether the company continued the strong gains it recorded in the second quarter that ended June 30, 2022.
Total revenue was $89.7 million for the second quarter of 2022, as compared to $47.4 million for the same quarter last year and $62.3 million for the first quarter of 2022.
Net income for the second quarter of 2022 was $1.7 million, or $0.04 per share, as compared to a net loss of $34.8 million, or a $0.75 loss per share, for the same quarter last year, and a net loss of $14.8 million, or a $0.32 loss per share, for the first quarter of 2022.
Adjusted EBITDA was $23.0 million for the second quarter of 2022, as compared to ($3.3) million for the same quarter last year and $9.3 million for the first quarter of 2022.
Source: press release