05:08 PM EDT, 04/17/2024 (MT Newswires) -- Liberty Energy (LBRT) reported Q1 earnings late Wednesday of $0.48 per diluted share, down from $0.90 a year earlier.

Analysts polled by Capital IQ expected $0.54.

Revenue for the quarter ended March 31 was $1.07 billion, down from $1.26 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.08 billion.

The energy services firm maintained its quarterly dividend at $0.07 per share, payable on June 20 to shareholders of record on June 6.

Shares of the company were up more than 2% in after-hours trading.