Brief: Profrac Holding Corp. Reports Q2 Revenue Of $589.8 Million, Up 40%

ProFrac Holding

12/08/2022 01:56

Aug 11 (Reuters) - ProFrac Holding Corp  PFHC.O :
    * . REPORTS STRONG 2022 SECOND QUARTER FINANCIAL AND
OPERATIONAL
RESULTS
    * QTRLY TOTAL REVENUE GREW APPROXIMATELY 40% SEQUENTIALLY TO
$589.8 MILLION
    * CAPITAL EXPENDITURES FOR FULL YEAR 2022 ARE EXPECTED TO
RANGE
FROM $265 MILLION TO $290 MILLION
    * DEPLOYING ITS FIRST ELECTRIC FLEET DURING Q3 AND EXPECTS
TO
AVERAGE APPROXIMATELY 31 ACTIVE FLEETS FOR FULL QUARTER
    * Q2 REVENUE VIEW $538.0 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn7q5D4Ca 
Further company coverage:  PFHC.O 

 (Reporting by Rittik Biswas)
 ((Rittik.Biswas@thomsonreuters.com;))