In This Article:
ProFrac Holding (NASDAQ:ACDC) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$575.3m (flat on 3Q 2023).
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Net loss: US$45.2m (loss widened by 37% from 3Q 2023).
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US$0.28 loss per share (further deteriorated from US$0.21 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ProFrac Holding Earnings Insights
Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Energy Services industry in the US.
Performance of the American Energy Services industry.
The company's shares are up 13% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for ProFrac Holding you should know about.
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