Pure Acquisition Corp. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced operating loss was USD 1.265 million compared to USD 189,131 a year ago. Net loss was USD 311,195 compared to net income of USD 1.745 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.04 a year ago.