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 © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
