Solaris Oilfield reports Q1 EPS 23c vs. 11c last year

Reports Q1 revenue $82.7M vs. $56.9M last year. "Solaris continued to execute on our strategy in the first quarter. We grew earnings sequentially and increased deployments of our new product offerings, including top fill and AutoBlend(TM) systems," Solaris’ CEO Bill Zartler commented. "Our field execution and new technology deployments are lowering our customers’ costs and driving well site efficiency. We expect continued adoption of our new technology deployments to offset potential natural gas driven activity softness in the second quarter, which should result in Adjusted EBITDA and earnings that are flat sequentially."