Superior Energy Services Announces Third Quarter 2018 Results
SUPERIOR ENERGY SERVICES INC (SPN)
Last superior energy services inc earnings: 2/19 04:15 pm
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US:NYSE Investor Relations:
ir.superiorenergy.com
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Source: GlobeNewswire
HOUSTON, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Superior Energy Services, Inc. (the “Company”) today announced a net loss from continuing operations for the third quarter of 2018 of $21.8 million, or $0.14 per share, on revenue of $573.1 million. This compares to a net loss from continuing operations of $25.4 million, or $0.16 per share, for the second quarter of 2018, on revenue of $535.5 million and a net loss from continuing operations of $57.2 million, or $0.37 per share for the third quarter of 2017, on revenue of $506.0 million. David Dunlap, President and CEO, commented “Our third quarter results demonstrate the value of our geographic diversity and unique cornerstone product lines. In the Gulf of Mexico and U.S. land markets, we realized higher sequential quarterly revenue growth while international activity levels remained stable. “In the Gulf of Mexico, our core drilling and completion product lines experienced higher activity levels and strong incremental margins, high
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