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Stock impact report

Enservco Corporation Reports 2023 Fourth Quarter and Full Year Financial Results [Yahoo! Finance]

Enservco Corporation (ENSV) 
NASDAQ:AMEX Investor Relations: enservco.com
Company Research Source: Yahoo! Finance
Gross profit improves 14% General and administrative expenses down 2% Net loss increased to $1.9 million from $1.7 million, with the increase related to $0.5 million write down of goodwill in Q4 2023 Positive Adjusted EBITDA versus an Adjusted EBITDA loss in Q4 of 2022 Full Year 2023 Highlights Revenue up 2% compared to 2022 Gross profit improves 61% General and administrative expenses down 9% Net loss increased to $8.5 million from $5.6 million, due primarily to the write down of goodwill and the 2022 net loss including a $4.3 million non-cash gain on debt extinguishment Adjusted EBITDA loss improves 46% LONGMONT, Colo., April 01, 2024 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced its 2023 Fourth Quarter and full year financial results. Rich Murphy, the Company's CEO and Chairman stat Show less Read more
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