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    Home»Commodities»US$3.25 loss per share (vs US$0.094 loss in 2Q 2023)
    Commodities

    US$3.25 loss per share (vs US$0.094 loss in 2Q 2023)

    August 11, 20242 Mins Read


    Mammoth Energy Services (NASDAQ:TUSK) Second Quarter 2024 Results

    Key Financial Results

    • Revenue: US$51.5m (down 32% from 2Q 2023).

    • Net loss: US$156.0m (loss widened by US$151.5m from 2Q 2023).

    • US$3.25 loss per share (further deteriorated from US$0.094 loss in 2Q 2023).

    earnings-and-revenue-historyearnings-and-revenue-history

    earnings-and-revenue-history

    All figures shown in the chart above are for the trailing 12 month (TTM) period

    Mammoth Energy Services shares are up 3.8% from a week ago.

    Balance Sheet Analysis

    While earnings are important, another area to consider is the balance sheet. See our latest analysis on Mammoth Energy Services’ balance sheet health.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.



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