Liberty Energy Q2 2022 revenue $943M, net income $105M, authorizes $250M buyback

Liberty Energy Inc.

2022-Q2 EPS reported $0.52 revenue$1,735,389,000

Revenue of $943M, up 19% sequentially and 62% year-over-year; net income of $105M ($0.55 diluted EPS).
Adjusted EBITDA of $196M, up 114% from Q1 2022 and 436% from Q2 2021.
Board authorized $250M share repurchase program through July 31, 2024, starting Q3 2022.
Invested $10M in Fervo Energy to support next-generation geothermal technology.
Plans to deploy two additional digiFrac electric fleets in early 2023 under multi-year customer agreements.

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