DENVER (AP) _ Liberty Oilfield Services Inc. (LBRT) on Tuesday reported first-quarter earnings of $1.7 million.

On a per-share basis, the Denver-based company said it had net income of 2 cents.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.

The provider of hydraulic fracturing services posted revenue of $472.3 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $404.4 million.

In the final minutes of trading on Tuesday, the company's shares hit $3.46. A year ago, they were trading at $16.07.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LBRT at https://www.zacks.com/ap/LBRT

Automated Insights, source Associated Press News