Select Energy Services Reports Fourth Quarter And Fiscal Year 2020 Financial Results And Operational Updates
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Select Energy Services, Inc. (WTTR) Reports In-Line Q4 EPS, Revenues Beat
February 23, 2021 4:18 PM ESTSelect Energy Services, Inc. (NYSE: WTTR) reported Q4 EPS of ($0.21), in-line with the analyst estimate of ($0.21). Revenue for the quarter came in at $133 million versus the consensus estimate of $117.87 million.
John Schmitz, Chairman and CEO, stated, "During the fourth quarter, we continued to see improvement across all of our business segments with 32% revenue growth and a return to solidly positive Adjusted EBITDA territory, led by significant throughput restoration in our Water Infrastructure segment. Clearly, 2020 was a tough year, but both industry activity and our operations are steadily improving and the... More
