Flotek Announces First Quarter 2024 Results Reflecting Improved Profitability [Yahoo! Finance]
ProFrac Holding Corp. - Class A (ACDC)
Company Research
Source: Yahoo! Finance
for the quarter ended March 31, 2024 , highlighted by significant improvement in profitability metrics as compared to the first quarter of 2023. Financial Summary (in thousands, except per share amounts) Three months ended March 31, % Change Total Revenues (16) % Gross Profit 369 % Adjusted Gross Profit 281 % Net Income (93) % Diluted Income (Loss) Per Share n/a Adjusted EBITDA n/a First Quarter 2024 Highlights Reported net income of $1.6 million compared to net income of $21.3 million for the first quarter of 2023. Net income for the first quarter of 2023 benefited from $30.6 million in non-cash gains. Excluding these non-cash gains, first quarter 2024 net income improved by $10.8 million Delivered significant year-over-year improvements in gross profit, adjusted gross profit and adjusted EBITDA of $6.9 million $7.4 million and $7.9 million , respectively. Realized gross profit margin and adjusted gross profit margin of 22% and 25%, respectively.
Show less
Read more
Impact Snapshot
Event Time:
ACDC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACDC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACDC alerts
High impacting ProFrac Holding Corp. - Class A news events
Weekly update
A roundup of the hottest topics
ACDC
News
- ProFrac Holding CFO Lance Turner to resign [Seeking Alpha]Seeking Alpha
- ProFrac Holding Corp. Announces CFO Transition [Yahoo! Finance]Yahoo! Finance
- ProFrac Holding Corp. Announces CFO TransitionPR Newswire
- ProFrac Holding First Quarter 2024 Earnings: EPS: US$0.011 (vs US$0.40 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- ProFrac Holding Corp. Reports First Quarter 2024 Financial and Operational Results [Yahoo! Finance]Yahoo! Finance
ACDC
Earnings
- 5/9/24 - Beat
ACDC
Analyst Actions
- 3/14/24 - Stifel
ACDC
Sec Filings
- 5/17/24 - Form DEFR14A
- 5/16/24 - Form 8-K
- 5/10/24 - Form 10-Q
- ACDC's page on the SEC website