Keane Announces First Quarter 2019 Financial and Operational Results
KEANE GROUP INC (FRAC)
Last keane group inc earnings: 7/29 04:30 pm
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US:NYSE Investor Relations:
investors.keanegrp.com
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Keane Group, Inc. (“Keane” or the “Company”) today reported first quarter 2019 financial and operational results. Results and Recent Highlights Reported first quarter 2019 revenue of $421.7 million, compared to fourth quarter 2018 of $486.5 million Realized first quarter 2019 net loss of $21.8 million, compared to fourth quarter 2018 net income of $6.1 million Achieved first quarter 2019 Adjusted EBITDA of $64.1 million, compared to fourth quarter 2018 of $88.4 million Reported annualized Adjusted Gross Profit per fleet of $16.2 million, compared to fourth quarter 2018 of $20.9 million Awarded a new fleet under a dedicated agreement with an existing customer to support activity in the SCOOP / STACK First Quarter 2019 Financial Results Revenue for the first quarter of 201
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