Brief: Profrac Holding Corp. Reports 2022 Fourth Quarter And Full Year Financial And Operational Results

ProFrac Holding

21/03/2023 12:43

March 21 (Reuters) - ProFrac Holding Corp  ACDC.O :
    * PROFRAC HOLDING CORP. REPORTS 2022 FOURTH QUARTER AND FULL
YEAR
FINANCIAL AND OPERATIONAL RESULTS
    * PROFRAC HOLDING CORP Q4 EARNINGS PER SHARE $0.82
    * PROFRAC HOLDING CORP - Q4 TOTAL REVENUE GREW ABOUT 14%
SEQUENTIALLY TO $794.1 MILLION OVER 2022 Q3 REVENUE
    * PROFRAC HOLDING CORP - FOR 2023, CO EXPECTS CAPITAL
EXPENDITURES
TO BE IN LINE WITH 2022
    * PROFRAC HOLDING CORP - LOWER COMMODITY PRICES HAVE
IMPACTED CO'S
CUSTOMERS' BUSINESS OVER LAST SEVERAL MONTHS
    * PROFRAC - SEES LESS EFFICIENT CALENDAR COMBINED WITH
SEASONAL
WINTER WEATHER IMPACTS TO SLIGHTLY REDUCE CO'S EFFICIENCIES IN
Q1 OF 2023 VERSUS Q4 2022

Source text for Eikon:  ID:nPnbSCvsQa 
Further company coverage:  ACDC.O 

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