Select Water Solutions, Inc. (WTTR) Q3 2024 Earnings Call Transcript Summary
Select Water Solutions, Inc. (WTTR) Q3 2024 Earnings Call Transcript Summary
SG&A expenses decreased, contributing to bottom-line improvements.The following is a summary of the Select Water Solutions, Inc. (WTTR) Q3 2024 Earnings Call Transcript:
以下是 select water solutions 公司（WTTR）2024年第三季度業績會交流摘要：
Financial Performance:
財務業績：
Q3 delivered 40% growth in revenue and 99% growth in gross profit before D&A compared to Q3 of 2023.
Net income growth was 26% this quarter over the previous quarter.
SG&A expenses decreased, contributing to bottom-line improvements.
For Q4, water infrastructure revenue is expected to decline 10% to 15% sequentially, attributing mostly to planned operational downtime.
Despite expected revenue decline in Q4, gross margins are anticipated to stay strong at 51% to 54%.
第三季度營業收入增長40％，毛利潤增長99％，與2023年第三季度相比，未計折舊及攤銷費用。
淨利潤增長26％，相比上一季度。
銷售及管理費用下降，有助於底線改善。
第四季度，水務基礎設施營收預計按順序下降10％至15％，主要歸因於計劃內運營停機時間。
儘管第四季度預期營收下降，毛利率預計將保持在51％至54％的高水平。
Business Progress:
業務進展：
Enhanced water infrastructure in Northern Delaware and executed new long-term contracts, adding extensive acreages under management in key basins.
Focused on growing the water infrastructure segment, ensuring continued delivery of improved margins.
Ongoing development of large-scale organic projects, including recycling facilities expected to be operational in H1 2025.
Completed a strategic disposal site acquisition in Northern Delaware, adding significant disposal capacity and interconnectivity.
改善了特拉華北部的水製造行業，簽署了新的長期合同，增加了關鍵盆地管理的廣闊面積。
專注於發展水製造行業領域，確保持續提供改善利潤率。
繼續開發大型有機項目，包括預計於2025年上半年投入運營的回收設施。
完成了在特拉華北部的戰略性處置場地收購，增加了重要的處置能力和互聯性。
Opportunities:
機會：
Continuous investment in water infrastructure to meet expanding market demand and strategic acquisitions that strengthen overall positioning and capabilities.
Secured new pipeline connection agreements and disposal capacity, boosting the command in produced water recycling and infrastructure breadth.
持續投資於水製造行業，以滿足不斷擴大的市場需求，並進行了強化整體定位和能力的戰略收購。
獲得了新的管道連接協議和處置能力，增強了對生產水回收和基礎設施領域的控制力。
Risks:
風險：
Anticipated seasonal activity slowdown in Q4 affecting the Water Service segment and operational downtime in Water Infrastructure due to project transitions.
預計第四季度水務業務受季節性活動放緩影響，水基礎設施由於項目過渡而出現運營停頓。
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。
