NexTier Oilfield Solutions: Q1 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — NexTier Oilfield Solutions Inc. (NEX) on Tuesday reported net income of $254 million in its first quarter.

The Houston-based company said it had profit of $1.07 per share. Earnings, adjusted for one-time gains and costs, were 66 cents per share.

The company posted revenue of $935.7 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $926.4 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEX at https://www.zacks.com/ap/NEX

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up