ProFrac Holding Corp. (ACDC) revealed Loss for its third quarter that increased from last year and missed the Street estimates.
The company's bottom line totaled -$45.2 million, or -$46.4 per share. This compares with -$18.9 million, or -$27.5 per share, in last year's third quarter.
Analysts on average had expected the company to earn -$0.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.2% to $575.3 million from $574.2 million last year.
ProFrac Holding Corp. earnings at a glance (GAAP) :
-Earnings (Q3): -$45.2 Mln. vs. -$18.9 Mln. last year.
-EPS (Q3): -$46.4 vs. -$27.5 last year.
-Revenue (Q3): $575.3 Mln vs. $574.2 Mln last year.
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