Liberty Energy second-quarter earnings beat estimates

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Summary · why it matters

Liberty Energy reported second-quarter non-GAAP earnings per share of $0.09, beating analyst estimates by $0.01. Revenue reached $1.2 billion, a 20 percent increase year-over-year, exceeding expectations by $110 million. Adjusted EBITDA was $151 million, and the company distributed $15 million to shareholders through cash dividends.

Impact on assets 1

Energy▲ · 1 stocks
Liberty Energy Inc.
LBRT
▲ PositiveCapitalrelevance

Earnings and revenue beat estimates, with strong year-over-year growth and shareholder dividends.

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