Flowco Holdings Reports Q3 Revenue Growth of 46.2% with GAAP EPS of $0.40
Flowco Holdings (FLOC) has released its third-quarter financial results, reporting a significant year-over-year revenue increase of 46.2%, totaling $258.6 million. The company achieved a GAAP earnings per share (EPS) of $0.40 and reported an adjusted EBITDA of $103.9 million. The results come amid ongoing integration efforts following the acquisition of Valiant. While managing cost pressures, the company maintains a positive outlook on its valuation relative to the broader rental market and has announced an expansion of its share repurchase program.
Topics: earnings report EBITDA M&A integration revenue growth share repurchase