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ProFrac (ACDC) - 2024 Q1 - Quarterly Report
2024-05-10 20:00
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 March 31, 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. (Exact Name of Registrant as Specified in its Charter) Delaware 87-2424964 (State or other ...
ProFrac (ACDC) - 2024 Q1 - Earnings Call Transcript
2024-05-09 20:58
ProFrac Holding Corp. (NASDAQ:ACDC) Q1 2024 Earnings Conference Call May 9, 2024 11:00 AM ET Company Participants Michael Messina - Director of Finance Matt Wilks - Executive Chairman & President Ladd Wilks - Chief Executive Officer Lance Turner - Chief Financial Officer Conference Call Participants Blake McLean - Daniel Energy Partners Stephen Gengaro - Stifel Saurabh Pant - Bank of America Don Crist - Johnson Rice Operator Greetings, and welcome to the ProFrac Holding Corp. First Quarter 2024 Earnings Cal ...
ProFrac (ACDC) - 2024 Q1 - Quarterly Results
2024-05-09 10:02
Exhibit 99.1 Contacts: ProFrac Holding Corp. Lance Turner – 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 First Quarter 2024 Financial and Operational Results WILLOW PARK, TX – May 9, 2024 – ProFrac Holding Corp. (NASDAQ: ACDC) (“ProFrac”, or the “Company”) today announced financial and operational results for its first quarter ended March 31, 2024. Fir ...
ProFrac Holding Corp. Reports First Quarter 2024 Financial and Operational Results
Prnewswire· 2024-05-09 09:00
WILLOW PARK, Texas, May 9, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its first quarter ended March 31, 2024. First Quarter 2024 Results Total revenue grew approximately 19% sequentially to $581.5 million over the fourth quarter revenue of 2023 Net income was $3.0 million compared to a net loss of $96.5 million in the fourth quarter of 2023 Adjusted EBITDA(1) grew approximately 46% sequentially over the fourt ...
Earnings Preview: ProFrac Holding Corp. (ACDC) Q1 Earnings Expected to Decline
Zacks Investment Research· 2024-05-02 15:06
The market expects ProFrac Holding Corp. (ACDC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 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 expected to be r ...
ProFrac Holding Corp. Announces First Quarter 2024 Earnings Release and Conference Call Schedule
Prnewswire· 2024-04-16 20:15
WILLOW PARK, Texas, April 16, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it will report its first quarter 2024 financial results prior to the Company's live conference call, which will be broadcast live over the Internet, on Thursday, May 9, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central.  When: Thursday, May 9, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central How: Live via phone – By dialing 412-902-0030 and asking for the ProFrac Hol ...
ProFrac Holding Corp. (ACDC) Reports Q4 Loss, Lags Revenue Estimates
Zacks Investment Research· 2024-03-15 22:46
ProFrac Holding Corp. (ACDC) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $1.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -575%. A quarter ago, it was expected that this company would post earnings of $0.11 per share when it actually produced a loss of $0.09, delivering a surprise of -181.82%.Over the last four quarters, the company has surpa ...
ProFrac (ACDC) - 2023 Q4 - Annual Report
2024-03-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 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. (Exact name of registrant as specified in its charter) Delaware 87-2424964 (State ...
ProFrac (ACDC) - 2023 Q4 - Earnings Call Transcript
2024-03-13 18:39
ProFrac Holding Corp (NASDAQ:ACDC) Q4 2023 Results Conference Call March 13, 2024 11:00 AM ET Company Participants Michael Messina - Director of Finance Matt Wilks - Executive Chairman & President Ladd Wilks - Chief Executive Officer Matt Zinn - CEO, Proppant Business Lance Turner - Chief Financial Officer Conference Call Participants Luke Lemoine - Piper Sandler Alec Scheibelhoffer - Stifel Arun Jayaram - JPMorgan Dan Kutz - Morgan Stanley John Daniel - Daniel Energy Tom Curran - Seaport Research Partners ...
ProFrac Holding Corp. Reports 2023 Full Year and Fourth Quarter Financial and Operational Results
Prnewswire· 2024-03-13 10:00
WILLOW PARK, Texas, March 13, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its 2023 full year and fourth quarter ended December 31, 2023. 2023 Full Year Results Total revenue was $2.63 billion in 2023 compared to $2.43 billion in 2022 Net loss in 2023 was $59 million compared to net income of $343 million in 2022 Adjusted EBITDA(1) was $688 million Net cash provided by operating activities was $554 million Cap ...