Nine Energy Service Announces Third Quarter 2024 Results
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: Business Wire
Increased revenue ~4% quarter over quarter, despite the average Q3 US rig count declining by ~3%Sequential quarterly net loss improved and decreased by ~28% for the third quarter of 2024Sequential quarterly adjusted EBITDAA increased by ~47% for the third quarter of 2024Revenue, net loss and adjusted EBITDA of $138.2 million, $(10.1) million and $14.3 million, respectively, for the third quarter of 2024Increased cementing revenue by ~12% quarter over quarterTotal liquidity as of September 30, 2024 of $43.3 million HOUSTON--(BUSINESS WIRE)--Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported third quarter 2024 revenues of $138.2 million, net loss of $(10.1) million, or $(0.26) per diluted share and $(0.26) per basic share, and adjusted EBITDA of $14.3 million. The Company had provided original third quarter 2024 revenue guidance between $127.0 and $137.0 million, with actual results coming in above the provided range.“Despite the average US rig count declining
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NINE
News
- Nine Energy Service, Inc. Receives Notice from NYSE Regarding Continued Listing RequirementsBusiness Wire
- Be Wary Of Nine Energy Service (NYSE:NINE) And Its Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Nine Energy Service Announces Timing of Third Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Nine Energy Service Second Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Nine Energy Service Insider Ups Holding By 53% During Year [Yahoo! Finance]Yahoo! Finance
NINE
Earnings
- 10/31/24 - Beat
NINE
Sec Filings
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 10/25/24 - Form 8-K
- NINE's page on the SEC website