Helmerich and payne q2 loss per share $3.88

Sees q3 revenue for hp technologies $4.0 million to $7.0 million.helmerich & payne, inc. announces second quarter results.q2 loss per share $3.88.q2 earnings per share estimate $0.02 -- refinitiv ibes data.q2 revenue $634 million versus refinitiv ibes estimate of $557.5 million.announced intention to reduce annual dividends by $200 million.incurred a non-cash impairment charge of $563 million related to goodwill in quarter.expect u.s. land operating gross margins to be between $90-$105 million in q3.expect to end q3 below 70 rigs with much of decline occurring prior to june 1, 2020.helmerich and payne - expect q3 international land operating gross margins to be negative and to be between negative $4 million - negative $6 million.hp technologies fiscal q3 revenue is expected to be between $4-$7 million.2020 gross capital expenditures are expected to be approximately $185 to $205 million.2020 depreciation is expected to be approximately $485 million.helmerich and payne - believe ramifications from crude oil market imbalance have yet to be fully reflected in industry activity levels.helmerich and payne - expect steeper declines in industry activity levels in third fiscal quarter.helmerich and payne - further cost reductions will come to fruition over coming quarters as co reduces additional overhead.
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