Liberty Oilfield Services (LBRT) Misses Q3 EPS by 12c
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Liberty Oilfield Services Inc. Announces Third Quarter 2019 Financial and Operational Results
October 29, 2019 5:11 PM EDTDENVER--(BUSINESS WIRE)-- Liberty Oilfield Services Inc. (NYSE: LBRT; Liberty or the Company) announced today third quarter 2019 financial and operational results.
Summary Results and Highlights
Revenue of $515 million and net income1 of $19 million, or $0.15 fully diluted earnings per share, for the quarter ended September 30, 2019 Adjusted EBITDA2 of $70 million and annualized Adjusted EBITDA per average active fleet of $12.1 million for the quarter ended September 30, 2019 Revenue of $1.6 billion and net income1 of $93 million, or $0.71 fully diluted earnings per share, for the nine months ended September 30, 2019 Adjusted EBITDA2 of $247 million and annualized... More