Sixty Six Oilfield Services, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2017
June 15, 2017 at 01:45 pm
Sixty Six Oilfield Services, Inc. provided earnings guidance for the second quarter ending June 30, 2017. The company estimates net revenue of $341,000 on gross sales of $1.7 million for the period ending June 30, 2017. Compared to the same period in 2016, the company anticipates quarter over quarter improvements of approximately 109% in gross sales and 118% in net revenue. The company increased its margins from 11% to 19% which continue to track thru the second quarter.