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Stock impact report

Select Water Solutions Inc (WTTR) Q3 2024 Earnings Call Highlights: Record Revenue and ... [Yahoo! Finance]

Select Energy Services, Inc. Class A (WTTR) 
Last select energy services, inc. class a earnings: 2/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.selectenergyservices.com
Company Research Source: Yahoo! Finance
Gross Profit: Gross profit for Water Infrastructure improved to $47 million, a 33% increase from Q2 2024 and a 99% increase from Q3 2023. Gross Margin: Water Infrastructure gross margin before D&A increased to 57% in Q3 2024, up 6 percentage points from Q2 2024. Net Income: Achieved net income of $19 million in Q3 2024. Adjusted EBITDA: Adjusted EBITDA of $73 million in Q3 2024, exceeding the guidance range of $66 million to $70 million. SG&A Reduction: SG&A expenses decreased by more than 4% or $1.7 million compared to Q2 2024. Free Cash Flow: Generated $20 million of free cash flow in Q3 2024. Debt Reduction: Reduced outstanding borrowings by $10 million, ending Q3 2024 with $80 million in debt. Dividend Increase: Announced a 17% increase in quarterly dividend to $0.07 per share. Capital Expenditures: Net CapEx of $31 million in Q3 2024, with expectations to remain on the low end of the $170 million to $190 million annual guidance. Warning! GuruFocus has detected Show less Read more
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