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Stock impact report

Nine Energy Service Announces Fourth Quarter and Full Year 2020 Results

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: Business Wire
As of December 31, 2020, cash and cash equivalents of $68.9 millionFull year 2020 revenue, net loss and adjusted EBITDAA of $310.9 million, $(378.9) million and $(25.8) million, respectivelyRevenue, net loss and adjusted EBITDA of $62.0 million, $(35.4) million and $(13.9) million, respectively, for the fourth quarter of 2020Fourth quarter 2020 basic loss per share of $(1.18) HOUSTON--(BUSINESS WIRE)--Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported fourth quarter 2020 revenues of $62.0 million, net loss of $(35.4) million and adjusted EBITDA of $(13.9) million. For the fourth quarter 2020, adjusted net lossB was $(35.7) million, or $(1.20) adjusted basic loss per shareC.“As anticipated, holiday and weather shutdowns were not as pronounced as we have seen historically during the fourth quarter,” said Ann Fox, President and Chief Executive Officer, Nine Energy Service. “Activity improvements are reflected in our 25% increase in revenue quarter over quarter; Show less Read more
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