Liberty Q1 revenue $793M (+16% QoQ), adjusted EBITDA $92M, net loss $5M

Liberty Energy Inc.

2022-Q1 EPS reported -$0.03 revenue$792,770,000

Revenue $793M (+16% QoQ); net loss $5M ($0.03 diluted EPS loss).
Adjusted EBITDA $92M, up 345% from $21M in Q4 2021.
Q2 outlook: ~10% sequential revenue growth on higher activity and pricing.
Cash $33M; total debt $212M; liquidity $222M as of March 31, 2022.
Company announces rebranding to Liberty Energy.

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