Enterprise Group, Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2018
August 10, 2018 at 09:35 am EDT
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Enterprise Group, Inc. reported consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue was $3,240,620 against $4,232,452 reported last year. LBITDA was $2,181,411 against $269,222 reported last year. Loss before tax was $3,920,374 compared to $2,193,845 a year ago. Net loss against $3,334,737 or $0.06 per share against $1,587,305 or $0.03 per share reported last year.
For six months, the company reported revenue was $10,050,856 against $11,247,731 reported last year. LBITDA was $694,156 against EBITDA of $1,566,125 reported last year. Loss before tax was $3,629,757 compared to $1,957,270 a year ago. Net loss against $144,494 or $0.00 per share against $1,637,931 or $0.03 per share reported last year.
Enterprise Group, Inc. is a consolidator of services, including specialized equipment rental to the energy/resource sector. The Company works with systems and technologies that mitigate, reduce, or eliminate carbon dioxide (CO2) and greenhouse gas emissions for itself and its clients. It provides specialized equipment and services in the build out of infrastructure for the energy, pipeline, and infrastructure construction industries. It has fleet of wellsite modular/combo equipment, specialized heating units, tunnelling equipment, and other heavy equipment pieces. It offers specialized infrastructure services, such as coat curing, thermal pipe expansion, scaffolding and more. It provides low emission, mobile power systems and associated surface infrastructure to the energy, resource, and Industrial sectors, through its subsidiary, Evolution Power Projects, Inc. Its other subsidiaries include Westar Oilfield Rentals Inc., Hart Oilfield Rentals Ltd., and Artic Therm International Ltd.
ENTERPRISE GROUP, INC. 
