Earnings Call Summary | Mammoth Energy Services(TUSK.US) Q2 2024 Earnings Conference
Earnings Call Summary | Mammoth Energy Services(TUSK.US) Q2 2024 Earnings Conference
Net loss for Q2 2024 was $156 million, primarily due to the PREPA settlement.The following is a summary of the Mammoth Energy Services, Inc. (TUSK) Q2 2024 Earnings Call Transcript:
以下是Mammoth Energy Services, Inc. (TUSK) 2024年Q2業績會議通話記錄摘要：
Financial Performance:
金融業績：
Mammoth Energy Services reported Q2 2024 revenue of $51.5 million, a 19% increase from Q1 2024.
The company recognized a $170.7 million non-cash expense related to the PREPA settlement.
Net loss for Q2 2024 was $156 million, primarily due to the PREPA settlement.
Adjusted EBITDA for Q2 2024 was a negative $160.7 million, heavily impacted by the one-time settlement charges.
Mammoth Energy Services報告2024年Q2營業收入爲5150萬美元，較2024年Q1增長19%。
該公司確認了與PREPA和解有關的1.707億美元的非現金費用。
2024年Q2淨虧損爲1.56億美元，主要是由於PREPA解決。
2024年Q2調整後的EBITDA爲負1.607億美元，受到一次性解決費用的影響較大。
Business Progress:
業務進展：
The settlement with PREPA allows for the payoff of their term credit facility and boosts cash for reinvestment.
Indications of stable activity levels into the latter half of 2024 with potential increases anticipated in 2025.
Infrastructure services demonstrated growth and resilience, with increased revenue from storm-related work.
與PREPA的和解允許償還他們的期限信貸，並增加了再投資的現金。
穩定的活動水平預示着2024年後半年的潛在增長。
基礎設施服務表現出增長和韌性，從與暴風雨相關的工作中增加了收入。
Opportunities:
機會：
Forecasted active storm season might boost demand for the company's infrastructure services.
Gradual release of Infrastructure Investment and Jobs Act funds may provide growth opportunities in fiber, engineering, and transmission and distribution projects.
預測活動的暴風季節可能會增加對公司基礎設施服務的需求。
基礎設施投資和就業法案資金的逐步釋放可能爲光纖、工程及變速器和配電工程提供增長機會。
Risks:
風險：
Persistent softness in natural gas basins continues to impact well completion services and other oil field services.
Potential activity stagnation throughout 2024, with incremental improvements expected in 2025.
天然氣盆地持續軟弱仍繼續影響着完井服務和其他油田服務。
潛在的活動停滯將貫穿2024年，預計2025年會有漸進性的改善。
More details: Mammoth Energy Services IR
更多詳情請查看Mammoth Energy Services Investor Relations頁面
Tips: 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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
