Select Water Solutions Announces Third Quarter 2024 Financial Results and Operational Updates
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Select Water Solutions reported a strong third quarter 2024 with $371 million in revenue, a 2% increase from the previous quarter. The company saw a 26% rise in net income and a 4% improvement in adjusted EBITDA. The Water Infrastructure segment showed significant growth, and new long-term contracts were secured.
November 05, 2024 | 9:30 pm
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Select Water Solutions reported a 2% increase in revenue to $371 million for Q3 2024, with a 26% rise in net income and a 4% improvement in adjusted EBITDA. The Water Infrastructure segment saw significant growth, and the company secured new long-term contracts.
The company's financial results show strong performance with increased revenue, net income, and EBITDA. The growth in the Water Infrastructure segment and new contracts indicate a positive outlook, likely boosting investor confidence and stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100