Enservco reports improved results in delayed disclosure

LONGMONT — Enservco Corp. (NYSE American: ENSV), a Longmont-based provider of specialized well-site services to the oil and gas industry, turned around last year’s first quarter loss, posting positive results in early 2022.

Revenue increased 67% year over year to $8.6 million from $5.1 million due to increased customer demand based largely on higher commodity prices, according to Enservco’s delayed first quarter earnings report.

Net income in the quarter was $3.1 million, or $0.27 per basic and diluted share, compared to a net loss of $3.9 million, or $0.42 per basic and diluted share, in the first quarter…