(Corrects revenue figure to $16.40 mln from $5.40 mln in key details table)
Overview
* Mammoth Q2 2025 revenue rises slightly yr/yr to $16.4 mln
* Net loss from continuing operations narrows significantly compared to Q2 2024
* Co executed strategic transactions, including sale of infrastructure subsidiaries
Result Drivers
* INFRASTRUCTURE SALE - Sale of infrastructure subsidiaries for $108.7 mln contributed to strategic transformation
* AVIATION EXPANSION - Purchase of passenger aircraft expanded rental services, providing stable revenue
* HYDRAULIC FRACTURING EXIT - Sale of hydraulic fracturing equipment for $15 mln as part of portfolio repositioning
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 $16.40
Revenue mln
Q2 EPS $0.18
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)