ProFrac (ACDC)
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ProFrac Holding Corp. (ACDC) Q2 Earnings and Revenues Lag Estimates
ZACKS· 2024-08-09 23:42
ProFrac Holding Corp. (ACDC) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -85.71%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.03, delivering no surprise. Over the last four quarters, the company ...
ProFrac (ACDC) - 2024 Q2 - Quarterly Report
2024-08-09 20:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from [ ] to [ ] Commission File Number: 001-41388 ProFrac Holding Corp. Registrant's telephone number, including area code: (254) 776-3722 Securities registered pur ...
ProFrac (ACDC) - 2024 Q2 - Earnings Call Transcript
2024-08-08 21:17
ProFrac Holding Corp. (NASDAQ:ACDC) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Michael Messina - Director-Finance Matt Wilks - Executive Chairman Ladd Wilks - Chief Executive Officer Austin Harbour - Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel Dan Kutz - Morgan Stanley Saurabh Pant - Bank of America John Daniel - Daniel Energy Partners Operator Good day, ladies and gentlemen, and welcome to the ProFrac Holding Corp. Second Quarter Earni ...
ProFrac (ACDC) - 2024 Q2 - Quarterly Results
2024-08-08 10:03
Exhibit 99.1 NEWS RELEASE Contacts: ProFrac Holding Corp. Austin Harbour – Chief Financial Officer Michael Messina – Director of Finance investors@pfholdingscorp.com Dennard Lascar Investor Relations Ken Dennard / Rick Black ACDC@dennardlascar.com ProFrac Holding Corp. Reports Second Quarter 2024 Results WILLOW PARK, TX – August 8, 2024 – ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its second quarter ended June 30, 2024. Second Qua ...
ProFrac Holding Corp. Reports Second Quarter 2024 Results
Prnewswire· 2024-08-08 09:00
WILLOW PARK, Texas, Aug. 8, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its second quarter ended June 30, 2024.Second Quarter 2024 ResultsTotal revenue was $579.4 million compared to first quarter revenue of $581.5 millionNet loss was $65.6 million compared to net income of $3.0 million in the first quarterAdjusted EBITDA(1) was $135.6 million compared to $159.7 million in the first quarterNet cash provided by ...
ProFrac Holding Corp. (ACDC) Reports Next Week: What to Expect
ZACKS· 2024-08-01 15:06
The market expects ProFrac Holding Corp. (ACDC) to deliver flat earnings compared to the year-ago quarter on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expecte ...
ProFrac Holding Corp. Announces Second Quarter 2024 Earnings Release and Conference Call Schedule
Prnewswire· 2024-07-24 20:15
WILLOW PARK, Texas, July 24, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it will report its second quarter 2024 financial results prior to the Company's conference call, which will be broadcast live over the Internet, on Thursday, August 8, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central. When: Thursday, August 8, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central How: Live via phone – By dialing 862-298-0702 and asking for the ProFrac Holding Cor ...
Oil's Penny Powerhouses: 3 Small-Cap Stocks Gushing with Potential
investorplace.com· 2024-05-17 10:24
Oil prices remain elevated with U.S. oil production 1.4% higher than the record levels of a year ago. Prices of West Texas Intermediate (WTI) are approximately 7% higher than they were a year ago. The combination of high prices and production suggest continued strength across the energy sector. In turn, investors are looking to small cap oil stocks for their outsized potential to produce returns at the moment.Elevated prices are expected to continue, which should prompt strong continued production. The curr ...
ProFrac Holding Corp. Announces CFO Transition
Prnewswire· 2024-05-16 20:15
WILLOW PARK, Texas, May 16, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced that Lance Turner will resign from his position as Chief Financial Officer (CFO) effective June 17, 2024. Mr. Turner has agreed to serve as a consultant following his separation from the Company to ensure a smooth and successful transition to the new CFO, Austin Harbour."Lance has been a valued member of our executive team for the past two years, and I want to thank him for his ...
ProFrac Holding Corp. (ACDC) Q1 Earnings Meet Estimates
Zacks Investment Research· 2024-05-10 22:46
ProFrac Holding Corp. (ACDC) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced a loss of $0.19, delivering a surprise of -575%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.ProFrac Holding Corp., ...