Select Water Solutions | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 322.24 M

Revenue: As of FY2025 Q3, the actual value is USD 322.24 M, beating the estimate of USD 306.08 M.

EPS: As of FY2025 Q3, the actual value is USD 0.03, beating the estimate of USD 0.005.

EBIT: As of FY2025 Q3, the actual value is USD 13.48 M.

Water Infrastructure

• Revenue: $232.1 million for the Current Period, an increase of 8.4% compared to $214.1 million for the Prior Period.
• Costs of Revenue: $106.7 million for the Current Period, an increase of 3.8% compared to $102.8 million for the Prior Period.
• Gross Profit: Increased by $14.1 million compared to the Prior Period.

Water Services

• Revenue: $608.2 million for the Current Period, a decrease of 12.2% compared to $692.3 million for the Prior Period.
• Costs of Revenue: $491.8 million for the Current Period, a decrease of 9.9% compared to $545.9 million for the Prior Period.
• Gross Profit: Decreased by $30.1 million compared to the Prior Period.

Chemical Technologies

• Revenue: $220.6 million for the Current Period, an increase of 12.2% compared to $196.6 million for the Prior Period.
• Costs of Revenue: $182.0 million for the Current Period, an increase of 9.7% compared to $165.8 million for the Prior Period.
• Gross Profit: Increased by $7.9 million compared to the Prior Period.

Cash Flow

• Net Cash Provided by Operating Activities: $149.2 million for the Current Period, a decrease of 10.7% compared to $167.1 million for the Prior Period.
• Net Cash Used in Investing Activities: $333.7 million for the Current Period, an increase of 26.3% compared to $264.2 million for the Prior Period.
• Net Cash Provided by Financing Activities: $182.3 million for the Current Period, an increase of 257.6% compared to $51.0 million for the Prior Period.

Future Outlook and Strategy

• Core Business Focus: Select is prioritizing investments in Water Infrastructure projects, which often bring a more predictable and steady revenue stream through long-term contracts and production-related operations.
• Non-Core Business: Select is evaluating strategic alternatives for Peak Rentals, including capital structure initiatives and other portfolio optimization opportunities.
• Priority: The company is focusing on integrated solutions that enhance contracted infrastructure projects with logistics services and chemical solutions, expanding the value provided to customers.