Helmerich & Payne Q1 Earnings Call Highlights

Chief Financial Officer Kevin Vann said the company generated 1.0 billion in revenue , marking the third consecutive quarter at approximately the billion-dollar level. Helmerich & Payne reported a net loss of 0.98 per diluted share , which Vann said was driven by a 103millioncombinationofanoncashimpairmentchargeandotherunusualnoncashitems.Excludingthoseitems,Vannsaidthecompanypostedalossof103 million combination of a non-cash impairment charge and other unusual non-cash items. Excluding those items, Vann said the company posted a loss of 0.15 per share .Chief Executive Officer John Lindsay said adjusted EBITDA exceeded expecta ...

Helmerich & Payne Q1 Earnings Call Highlights - Reportify