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Superior Drilling Products, Inc.  (SDPI)
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    Sector  Energy    Industry Oil Well Services & Equipment
 
 

EARNINGS REPORT by CSIMarket

Income Positive Again, Sales very Strong


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Superior Drilling Products, Inc announced third quarter 2017 operating profit of $0.71959 millions



Superior Drilling Products, Inc announced earnings per share of $0.02 and Sales of $4 millions in the third quarter 2017, Company's earnings turn positive per share, versus $-0.07 eps, earned in the same quarter a year ago, although Superior Drilling Products, Inc saw it's Sales rise by 96.64 % in the same period.

In contrast to the second quarter 2017 Sales advanced by 9.8 % from $4 millions and eps soared by 100 % from $0.01 per share.

Company achieved net income of $1 millions in the third quarter 2017 an improvement versus a net loss of $-1 millions in the same quarter a year ago. Superior Drilling Products, Inc also emphasized it's improving profit margins, where net margin rose to 13.18% in third quarter 2017, and operating margin edged up to 16.18%.


Superior Drilling Products, Inc is expected to report next financial results on February 20, 2018.
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