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ProFrac Holding Swings to Q4 Loss as Revenue Falls
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ProFrac Holding Swings to Q4 Loss as Revenue Falls
Mar 13, 2024 4:15 AM

06:48 AM EDT, 03/13/2024 (MT Newswires) -- ProFrac Holding ( ACDC ) reported a Q4 loss Wednesday of $99.1 million, swinging from earnings of $40.9 million a year earlier.

Revenue for the quarter ended Dec. 31 was $489.1 million, down from $794.1 million a year earlier.

Analysts' estimates were not available for comparison.

The company's shares were down 3.5% in recent Wednesday premarket activity.

Price: 7.65, Change: -0.28, Percent Change: -3.53

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