THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Newpark Resources Inc. (NR) on Monday reported second-quarter earnings of $8 million.
On a per-share basis, the The Woodlands, Texas-based company said it had profit of 9 cents. Earnings, adjusted for non-recurring costs, were 12 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The oil and gas industry supplier posted revenue of $179 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $171 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NR at https://www.zacks.com/ap/NR
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