Earnings Call Summary | Mammoth Energy Services(TUSK.US) Q1 2024 Earnings Conference
Earnings Call Summary | Mammoth Energy Services(TUSK.US) Q1 2024 Earnings Conference
The following is a summary of the Mammoth Energy Services, Inc. (TUSK) Q1 2024 Earnings Call Transcript:
以下是 Mammoth Energy Services, Inc. (TUSK) 2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Mammoth Energy Services reported Q1 2024 total revenue of $43.2 million, down 18% from the previous quarter due to lower activity and declining prices in natural gas basins.
Net loss for the quarter was $11.8 million, almost doubling the loss from Q4 2023.
Adjusted EBITDA, too, dipped sharply to $4.5 million from $10.5 million in Q4 2023.
Mammoth Energy Services报告称，由于天然气盆地活动减少和价格下跌，2024年第一季度总收入为4,320万美元，比上一季度下降18％。
该季度的净亏损为1180万美元，几乎是2023年第四季度亏损的两倍。
调整后的息税折旧摊销前利润也从2023年第四季度的1,050万美元大幅下降至450万美元。
Business Progress:
业务进展：
Despite a challenging quarter, Mammoth Energy anticipates business improvement for the rest of 2024, especially in the well completions segment due to expected rise in natural gas demand.
Growing bidding opportunities in various sectors are brightening prospects for the Infrastructure division.
Despite owed receivables, the company sees growth supported by a strengthened balance sheet and new credit facilities.
尽管季度充满挑战，但由于天然气需求的预期增长，Mammoth Energy预计，2024年剩余时间的业务将有所改善，尤其是在完井领域。
各行各业越来越多的竞标机会为基础设施部门的前景增光明。
尽管欠有应收账款，但该公司认为资产负债表的加强和新的信贷额度将为增长提供支持。
More details: Mammoth Energy Services IR
更多详情： Mammoth 能源服务 IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。无法完全保证内容的准确性。欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。