Patterson-Uti Energy Q1 Loss Per Share $0.14 [Reuters]
Avid Technology, Inc. (AVID)
Last avid technology, inc. earnings: 3/9 04:05 pm
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Source: Reuters
Avid Technology Inc (AVID.OQ) Key Developments | Reuters.com Patterson-UTI Energy Inc ::PATTERSON-UTI ENERGY REPORTS FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2019.Q1 LOSS PER SHARE $0.14.Q1 REVENUE $704 MILLION VERSUS REFINITIV IBES ESTIMATE OF $693.6 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $-0.21 -- REFINITIV IBES DATA.RIG COUNT AVERAGED 175 RIGS DURING Q1, COMPARED TO AN AVERAGE OF 183 DURING Q4.REDUCED SPREAD COUNT, EXPECT Q2 ACTIVITY TO BE SIMILAR TO Q1.BASED ON CONTRACTS CURRENTLY IN PLACE, EXPECT AN AVERAGE OF 104 RIGS OPERATING UNDER TERM CONTRACTS DURING Q2.FOR Q2, EXPECT RIG COUNT TO AVERAGE APPROXIMATELY 160 RIGS.PATTERSON-UTI ENERGY - BASED ON CONTRACTS CURRENTLY IN PLACE, EXPECT AVERAGE OF 59 RIGS OPERATING UNDER TERM CONTRACTS DURING 12 MONTHS ENDING MARCH 31, 2020.DURING Q1, AVERAGE RIG REVENUE PER DAY INCREASED $620 TO $23,590.AVERAGE RIG MARGIN PER DAY INCREASED $310 TO $9,700 IN QUARTER. Reuters, the news and media division of Thomson Reuters , is the wor
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