Flowco Holdings Reports Record Q3 Adjusted EBITDA and Projects Q4 Growth
Flowco Holdings Inc. (FLOC) reported a strong third quarter, achieving approximately $104 million in adjusted EBITDA, marking the company's highest quarterly performance since its public listing. This growth was supported by a 10% sequential increase in revenue. Looking ahead to the fourth quarter, the company expects adjusted EBITDA to fall within the range of $93 million to $99 million. Management also highlighted strategic expansion through the acquisition of Lifting Solutions as a key driver for future operations.
Topics: adjusted EBITDA earnings report revenue growth
Read the full article at Seeking Alpha
Part of the story Kelly Services Projects Q4 Adjusted EBITDA Margin Between 3.8% and 4% (21 articles)