Rochester, NY 8/10/2009 10:30:08 PM
Basic Energy Services, Inc. , BAS - Basic Energy Services to Release Its second Quarter Financial Results
Basic Energy Services, Inc.
Basic Energy Services, Inc. recently announced that the company will soon release its financial and operating results for the second quarter and six months ended June 30, 2009.
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Basic reported a net loss of $21.2 million, or $0.54 per diluted share for the second quarter of 2009 on revenues of $118.8 million. In the comparable quarter last year, Basic reported net income of $18.7 million, or $0.45 per diluted share, on revenues of $251.5 million. Last year's second quarter included $4.2 million of after-tax merger related charges; excluding those charges, net income was $22.9 million, or $0.55 per diluted share.
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