Q: Can you tell me what you think of the quarterly report that came out wednesday? I was disappointed in the 10 million reduction in free cash flow. Can you tell me how many shares are outstanding and whether than number increased from last year? Also do you still expect eqrningwto double or triple in 2005?
5i Research Answer:
EPS of -53c missed estimates of 28c; revenue of $144.9M beat estimates of $136M. EBITDA was negative $15.8M. Sales fell $9M. Sand revenue fell $7M. Sand volume also declined. There are 13.5M shares. Share count has been the same since 2021. Certainly a disappointing quarter. Consensus estimate for 2025 is $3.33 (adj) per share, up from $0.75 in 2024.