Mammoth Energy Services Second Quarter 2024 Earnings: US$3.25 loss per share (vs US$0.094 loss in 2Q 2023)

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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-history
NasdaqGS:TUSK Earnings and Revenue History August 11th 2024

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.

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