12:04 PM EST, 01/30/2025 (MT Newswires) -- (Updates with the company's latest stock movement in the headline and last paragraph.)

Liberty Energy (LBRT) reported Q4 adjusted earnings late Wednesday of $0.10 per diluted share, down from $0.54 a year earlier.

Analysts surveyed by FactSet expected $0.11.

Revenue for the quarter ended Dec. 31 was $943.6 million, down from $1.08 billion a year earlier.

Analysts surveyed by FactSet expected $982.3 million.

The company's shares were down more than 10% in recent trading.

Price: 18.52, Change: -2.14, Percent Change: -10.36