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Stock impact report

Nine Energy Service Announces Third Quarter 2019 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
Revenue, net loss and adjusted EBITDAA of $202.3 million, $(20.6) million and $24.2 million, respectively for the third quarter of 2019Third quarter basic EPS of $(0.70) and $(0.16) adjusted basic EPSBCash flow from operations of $69.4 millionThird quarter 2019 ROICc of 4% HOUSTON--(BUSINESS WIRE)--Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported third quarter 2019 revenues of $202.3 million, net loss of $(20.6) million, which includes a loss on the sale of the Production Solutions segment of approximately $15.8 million and adjusted EBITDA of $24.2 million. Third quarter 2019 net loss per basic share was $(0.70). Third quarter 2019 adjusted net lossD was $(4.7) million, or $(0.16) per adjusted basic share. During the third quarter of 2019, the Company generated ROIC of 4%. During the third quarter of 2019, the Company reported net cash provided by operating activities of $69.4 million compared to $11.5 million during the second quarter, an increase of appro Show less Read more
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