Newpark: 1Q Earnings Snapshot
THE WOODLANDS, Texas (AP) _ Newpark Resources Inc. (NR) on Tuesday reported a first-quarter loss of $12.1 million, after reporting a profit in the same period a year earlier.
The The Woodlands, Texas-based company said it had a loss of 14 cents per share. Losses, adjusted for non-recurring costs and severance costs, came to 12 cents per share.
The oil and gas industry supplier posted revenue of $164.6 million in the period.
In the final minutes of trading on Tuesday, the company's shares hit $1.30. A year ago, they were trading at $7.58.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NR at https://www.zacks.com/ap/NR