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Dec 31, 2019
Newpark Resources Q4 2019 Earnings Report
Newpark Resources' Q4 2019 results were impacted by North America land weakness, offsetting international growth and record mat sales, with $0.19 per share of charges included.
Key Takeaways
Newpark Resources reported a net loss of $17.1 million, or ($0.19) per share, for Q4 2019, compared to a net income of $10.6 million, or $0.11 per diluted share, for Q4 2018. Total revenues for the quarter were $189.5 million, down from $247.7 million in the same period last year. The results were affected by challenges in the North America land market, which offset growth in international markets and strong mat sales.
Total revenues for the fourth quarter of 2019 were $189.5 million.
Net loss for the fourth quarter of 2019 was $17.1 million, or ($0.19) per share.
Revenues in the Mats and Integrated Services segment improved by 9% sequentially.
International revenues improved 12% sequentially.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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