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Nine Energy Service Announces Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

Nine Energy Service, Inc. (NINE) 
Last nine energy service, inc. earnings: 3/9 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: nineenergyservice.com/about/our-leadership
Company Research Source: Yahoo! Finance
Revenue, net loss and adjusted EBITDA of $144.1 million, $(10.3) million and $14.6 million, respectively, for the fourth quarter of 2023 Increased total number of Stinger ™ Dissolvable units sold by approximately 18% year- over-year Increased international revenue by approximately 16% year-over-year HOUSTON, March 07, 2024 BUSINESS WIRE )--Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported fourth quarter 2023 revenues of $144.1 million, net loss of $(10.3) million, or $(0.30) per diluted share and $(0.30) per basic share, and adjusted EBITDA of $14.6 million. The Company had provided original fourth quarter 2023 revenue guidance between $137.0 and $147.0 million, with actual results coming within the provided range. "Fourth quarter revenue was in-line with expectations, coming within the upper end of our original guidance," said Ann Fox, President and Chief Executive Officer, Nine Energy Service. "The oil and gas market continued to be volatile in 202 Show less Read more
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