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home / news releases / mammoth energy services gaap eps of 0 09 revenue of

TUSK - Mammoth Energy Services GAAP EPS of -$0.09 revenue of $75.43M

Mammoth Energy Services Inc.

2023-08-11 08:13:11 ET

  • Mammoth Energy Services press release ( NASDAQ: TUSK ): Q2 GAAP EPS of -$0.09.
  • Revenue of $75.43M (-15.9% Y/Y).
  • Adjusted EBITDA was $16.4 million for the second quarter of 2023, a decrease compared to $23.0 million for the same quarter last year and $30.7 million for the first quarter of 2023.
  • "While we expect the second half of the year will be challenging, we are encouraged by recent bid activity in our Infrastructure Services segment. Initial funds from the Infrastructure Investment and Jobs Act are being released for infrastructure projects such as fiber, transmission and distribution, areas where we are excited participants, which gives us optimism for improvements later in 2023 and into 2024."

For further details see:

Mammoth Energy Services GAAP EPS of -$0.09, revenue of $75.43M
Stock Information
Company Name: Mammoth Energy Services Inc.
Stock Symbol: TUSK
Market: NASDAQ
Website: mammothenergy.com
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