Superior Drilling Products, Inc. (AMEX:SDPI) is expected to report second quarter earnings results, before market open, on Friday 7th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.02 per share.
Looking ahead, the full year loss are expected at $ 0.05 per share on the revenues of $ 14.51 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 21.85 million ~ $ 23.40 million
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Previous Quarter Performance
Superior Drilling Products, Inc. communicated income for the first quarter of $ 0.01 per share, from the revenue of $ 5.36 million. The quarterly revenues escalated 6.35 percent compared with the same quarter last year. The consensus estimates are $ 5.05 million in revenue The bottom line results street analysts by $ 0.03 or , at the same time, top line results outshined analysts by $ 0.31 million or 6.14 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 16.47 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
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Conference Call
Superior Drilling Products, Inc. will be hosting a conference call at 1:00 PM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sdpi.com
Superior Drilling Products, Inc., a drilling and completion tool technology company, innovates, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in the United States and internationally. The company manufactures and refurbishes polycrystalline diamond compact drill bits for an oil field services company. It offers Drill-N-Ream, a dual-section wellbore conditioning tool; Strider, a drill string oscillation system; V-Stream, an advanced conditioning system; and dedicated reamer stingers to optimize dedicated reamer operations.
