ProFrac Q2 2023 revenue $709.2M, net loss $4.6M; adjusted EBITDA $182.5M

ProFrac Holding Corp.

2023-Q2 EPS reported $0.19 revenue$1,566,700,000

Total revenue $709.2M, down 17% sequentially from $857.5M in Q1 2023.
Net loss ($4.6M) vs net income $59.8M in Q1; diluted loss $0.02 per share.
Adjusted EBITDA $182.5M, down 26% from prior quarter; operating cash flow $153.7M.
Reduced active fleets in June/August; 2023 capex guidance lowered to ~$300M from prior plan.
Net debt reduced by $85.6M; total gross debt $1,205.6M, liquidity $163.5M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

ProFrac Holding Corp. reported financial results for the quarter ended June 30, 2023.

Period: the quarter ended June 30, 2023
Result: reported results

Exact text from the filing

On August 10, 2023, ProFrac Holding Corp., a Delaware corporation (the " Company "), issued a press release reporting the financial results of the Company for the quarter ended June 30, 2023.

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ProFrac Holding Corp. filing history →

Source: SEC EDGAR

accession 0000950170-23-040972

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