Mammoth Energy Services Q2 2025 Results: Revenue Climbs to $15.4M; Net Loss Narrows to $35.7M; EPS Improves to -$0.74

Reuters
2025.08.08 12:01
portai
I'm PortAI, I can summarize articles.

Mammoth Energy Services, Inc. (NASDAQ: TUSK) reported Q2 2025 results with revenue rising to $15.4 million and a narrowed net loss of $35.7 million, improving from a $155.6 million loss in Q2 2024. The infrastructure services segment revenue increased to $5.4 million, driven by fiber optic activity. Selling, general, and administrative expenses dropped significantly to $5.3 million from $95.3 million year-over-year. The company also completed three key transactions, including selling infrastructure subsidiaries for $108.7 million, as part of a strategic shift towards a demand-centric portfolio.