05:07 PM EDT, 10/16/2024 (MT Newswires) -- Liberty Energy (LBRT) reported Q3 adjusted net income late Wednesday of $0.45 per diluted share, down from $0.86 a year earlier.

Analysts polled by Capital IQ expected $0.56.

Revenue for the quarter ended Sept. 30 was $1.138 billion, down from $1.22 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.135 billion.

Shares of Liberty Energy were down more than 10% in after-hours activity.

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