Matador Resources Q2 Profit Decreases - Quick Facts

(RTTNews) - Matador Resources Company (MTDR) reported that its second-quarter net income decreased to $18.23 million or $0.26 per share, from $25.12 million or $0.45 per share, last year. Adjusted EBITDA increased 70% to $69.5 million from $40.8 million, prior year.

On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $0.30 for the quarter. Analysts' estimates typically exclude special items.

Total revenues increased to $90.91 million from $65.96 million, prior year. Analysts expected revenue of $90.12 million for the quarter.