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年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
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報告稱，由於天然氣盆地活動減少和價格下跌，2024年第一季度總收入爲4,320萬美元，比上一季度下降18％。
該季度的淨虧損爲1180萬美元，幾乎是2023年第四季度虧損的兩倍。
調整後的息稅折舊攤銷前利潤也從2023年第四季度的1,050萬美元大幅下降至450萬美元。
Business Progress:
業務進展：
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.
儘管季度充滿挑戰，但由於天然氣需求的預期增長，Mammoth Energy預計，2024年剩餘時間的業務將有所改善，尤其是在完井領域。
各行各業越來越多的競標機會爲基礎設施部門的前景增光明。
儘管欠有應收賬款，但該公司認爲資產負債表的加強和新的信貸額度將爲增長提供支持。
More details: Mammoth Energy Services IR
更多詳情： Mammoth 能源服務 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。無法完全保證內容的準確性。欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。