ProFrac Holding Corp. Reports First Quarter 2024 Financial and Operational Results
ACDCProFrac (ACDC) Prnewswire·2024-05-09 17:00

WILLOW PARK, Texas, May 9, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its first quarter ended March 31, 2024. First Quarter 2024 Results Total revenue grew approximately 19% sequentially to 581.5millionoverthefourthquarterrevenueof2023Netincomewas581.5 million over the fourth quarter revenue of 2023 Net income was 3.0 million compared to a net loss of $96.5 million in the fourth quarter of 2023 Adjusted EBITDA(1) grew approximately 46% sequentially over the fourth ...