The company fully deployed its first electric fleet during the fourth quarter and added 7 active fleets from the USWS acquisition. The company expects to finish the year with approximately 39 active fleets, with additional fleets under construction expected to be activated in early 2023. Adjusted EBITDA per fleet is likely to fluctuate , however the company expects improvement in revenue for Q4 vs. Q3, driven by the USWS acquisition.
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Published first on TheFly