OB:PRSEnergy Services
Prosafe (OB:PRS) Stock Revenue Rebound Meets Tighter EBITDA Outlook
Prosafe entered this earnings day with a stock that had already cooled over the past month, down about 5%, yet still up roughly 22% over three months. That mix of recent fatigue and longer momentum set the stage for a sentiment test rather than a simple scorecard on the quarter.
The headline is simple. Prosafe reported another loss in Q2 with net income of US$6.1m in the red on revenue of US$46.5m, while tightening full year EBITDA guidance to US$50m to US$55m. The market is now weighing that...