Nine Energy Service Announces First Quarter 2024 Results [Yahoo! Finance]
Nine Energy Service, Inc. (NINE)
Last nine energy service, inc. earnings: 3/9 06:30 am
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US:NASDAQ Investor Relations:
nineenergyservice.com/about/our-leadership
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Source: Yahoo! Finance
Despite flat US rig count, increased gross profit in Q1 versus Q4 Surpassed 60,000 Stinger ™ Dissolvable Plug units sold HOUSTON, May 06, 2024 BUSINESS WIRE )--Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported first quarter 2024 revenues of $142.1 million, net loss of $(8.1) million, or $(0.24) per diluted share and $(0.24) per basic share, and adjusted EBITDA of $15.0 million. The Company had provided original first quarter 2024 revenue guidance between $135.0 and $145.0 million, with actual results coming within the provided range. "The US land market was relatively stable in Q1, with the average US rig count remaining flat quarter over quarter. This was reflected in our revenue, which also remained relatively flat versus Q4 and was within the upper range of our original revenue guidance," said Ann Fox, President and Chief Executive Officer, Nine Energy Service. "Despite a flat rig count, we increased our gross profit quarter over quarter due mostly
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News
- Nine Energy Service, Inc. (NYSE:NINE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Nine Energy Service Announces First Quarter 2024 ResultsBusiness Wire
- Shareholders Will Probably Hold Off On Increasing Nine Energy Service, Inc.'s (NYSE:NINE) CEO Compensation For The Time Being [Yahoo! Finance]Yahoo! Finance
- Private equity firms among Nine Energy Service, Inc.'s (NYSE:NINE) largest shareholders, saw gain in holdings value after stock jumped 23% last week [Yahoo! Finance]Yahoo! Finance
- Nine Energy Service Announces Timing of First Quarter 2024 Earnings Release and Conference CallBusiness Wire
NINE
Earnings
- 5/6/24 - Beat
NINE
Sec Filings
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- NINE's page on the SEC website