Patterson-UTI Energy (PTEN) Misses Q2 EPS by 1c, Revenues Miss
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Patterson-UTI Energy Reports Financial Results for Three and Six Months Ended June 30, 2018
July 26, 2018 6:00 AM EDTHOUSTON, July 26, 2018 /PRNewswire/ --Â PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended June 30, 2018. Â The Company reported a net loss of $10.7 million, or $0.05 per share, for the second quarter of 2018, compared to a net loss of $92.2 million, or $0.46 per share, for the quarter ended June 30, 2017. Â Revenues for the second quarter of 2018 were $854 million, compared to $579 million for the second quarter of 2017.Â
For the six months ended June 30, 2018, the Company reported a net loss of $45.1 million, or $0.21 per share, compared to a net loss of $156... More
