PARR - Par Pacific Non-GAAP EPS of $2.25 beats by $0.30 revenue of $1.68B beats by $210M
2023-05-03 17:08:01 ET
- Par Pacific press release ( NYSE: PARR ): Q1 Non-GAAP EPS of $2.25 beats by $0.30 .
- Revenue of $1.68B (+24.4% Y/Y) beats by $210M .
-
At March 31, 2023, Par Pacific’s cash balance totaled $661.3 million, gross debt was $550.0 million, and total liquidity was $750.5 million. Net debt was $(111.3) million at March 31, 2023.
-
The Logistics segment reported operating income of $12.6 million in the first quarter of 2023, compared to $9.9 million in the first quarter of 2022. Adjusted Gross Margin for the Logistics segment was $21.1 million in the first quarter of 2023, compared to $18.7 million in the same quarter of 2022.
Logistics segment Adjusted EBITDA was $17.6 million in the first quarter of 2023, compared to $14.9 million in the first quarter of 2022.
- Retail segment Adjusted EBITDA was $16.6 million in the first quarter of 2023, compared to $6.7 million in the first quarter of 2022.
For further details see:
Par Pacific Non-GAAP EPS of $2.25 beats by $0.30, revenue of $1.68B beats by $210M