{"filings":[{"id":787008,"accession_number":"0001193125-26-252096","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2026-06-02T00:43:55+00:00","items":["1.01","5.07","8.01","9.01"],"status":"ready","headline":"Weatherford to acquire NCS Multistage for 0.463 shares per NCS share; expected close H2 2026","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["NCS stockholders elect either 0.554 Weatherford shares or mix of 0.239 shares plus cash equivalent to 0.137 shares, blended ~0.463 shares per NCS share.","Annual cost synergies of at least $15 million expected within 18 months; deal immediately accretive to adjusted free cash flow per share.","Holders of >50% of NCS shares have consented; no stockholder vote required; both boards unanimously approved.","Termination fees: Weatherford pays $9.7M if novation fails; NCS pays $5.5M if terminates for superior proposal.","Closing subject to regulatory approvals and other conditions; expected in second half of 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":696157,"accession_number":"0001437749-26-018565","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2026-05-27T20:21:30+00:00","items":["5.07"],"status":"ready","headline":"NCS Multistage stockholders elect directors, ratify auditor, approve say-on-pay at 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected John Deane and W. Matt Ralls as Class III directors to serve until 2029; each received over 1.8M votes in favor.","Ratified Grant Thornton LLP as independent auditor for FY 2026 with 2,226,925 votes for, 849 against.","Advisory vote on named executive officer compensation passed with 1,938,033 for, 3,111 against.","Over 84.9% of eligible shares voted (2,228,707 of 2,624,523)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94737,"accession_number":"0001437749-26-013883","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2026-04-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"NCS Multistage Q1 2026 revenue $45.6M, net loss $0.4M; EBITDA down YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $45.6M, down 8.8% YoY from $50.0M; net loss $0.4M vs net income $4.1M in Q1 2025.","Adjusted EBITDA $5.6M (12% margin) down from $8.2M (16% margin) YoY.","Operating cash flow improved to $1.3M from -$1.6M; free cash flow $0.7M from -$2.1M.","Cash $34.5M, total debt $7.2M, undrawn credit facility $18.5M; net cash >$27M.","CEO: revenue below guided range, but adjusted gross margin at midpoint; U.S. growth driven by Repeat Precision and new fracturing project expected H2 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":45637000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107339,"accession_number":"0001437749-26-006915","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2026-03-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"NCS Multistage Q4 revenue $50.6M (+13% YoY); full-year adj. EBITDA $26.7M (+20%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $50.6M (+13% YoY), operating income $5.2M (+78%), net income $15.0M ($5.34/diluted) incl. $9.8M deferred tax valuation allowance release.","FY 2025 revenue $183.6M (+13%), adj. EBITDA $26.7M (15% margin vs 14% prior year), free cash flow after distributions $18.9M (+$9.0M YoY).","Cash $36.7M, debt $7.6M (finance leases); cash from ops $22.2M; ResMetrics contributed $5.2M revenue since acquisition July 31, 2025.","Canadian patent appeal overturned prior $1.8M judgment; $0.9M returned to NCS in Nov 2025; case remitted.","2026 outlook: expects continued challenging market but positioned for market share gains, new product adoption, international expansion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123697,"accession_number":"0001437749-25-032188","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"NCS Q3 revenue up 6% to $46.5M; net income $3.8M ($1.37 diluted EPS) down from $4.1M YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $46.5M (+6% YoY); net income $3.8M ($1.37 diluted EPS) vs $4.1M ($1.60) in Q3 2024.","Adjusted EBITDA $7.0M (flat YoY); adjusted EBITDA margin 15% vs 16% a year ago.","Canadian revenues down 19% YoY; US and international up 37% and 38%, respectively.","Acquired Reservoir Metrics (ResMetrics) in late July; contributed ~$2M to services revenue.","Cash $25.3M, total debt $7.4M (finance leases); undrawn ABL borrowing base $19.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":3.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":132997000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140381,"accession_number":"0001437749-25-024200","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"NCS Multistage Q2 revenue up 23% to $36.5M, net income $0.9M, acquires Reservoir Metrics","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $36.5M (+23% YoY); net income $0.9M vs loss $3.1M; diluted EPS $0.34 vs ($1.21).","Adjusted EBITDA $2.2M (+$1.3M YoY); adjusted gross margin 36% vs 40%. Cash $25.4M, debt $7.7M (capital leases).","Acquired Reservoir Metrics (ResMetrics) for all cash; trailing 12-month revenue >$10M, EBITDA margin >30%.","Revenue growth driven by fracturing systems and frac plug sales in Canada and US despite industry headwinds.","Management guided cautious optimism for H2 2025 citing declining rig counts and tariff uncertainties."],"consensus_eps_estimate":null,"consensus_eps_actual":1.84,"consensus_revenue_estimate":null,"consensus_revenue_actual":86459000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158036,"accession_number":"0001437749-25-017977","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2025-05-21T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"NCS Multistage shareholders approve all four proposals at 2025 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Robert Nipper and Ryan Hummer re-elected as Class II directors to serve until 2028.","Grant Thornton LLP ratified as independent auditor for fiscal year ending Dec 31, 2025 (2,195,767 for).","Advisory vote on named executive officer compensation approved with 1,975,710 votes for.","Amended and Restated 2017 Equity Incentive Plan approved (1,764,604 for, 244,776 against).","Approximately 87.5% of eligible shares voted (2,222,410 of 2,540,849)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158035,"accession_number":"0001437749-25-013867","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"NCS Q1 revenue $50.0M (+14% YoY), EPS $1.51, adj. EBITDA $8.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues $50.0M, up 14% YoY; net income $4.1M ($1.51 diluted EPS) vs $2.1M ($0.82) last year.","Adjusted EBITDA $8.2M, up 35% YoY; adjusted gross margin improved to 44% from 40%.","Cash $23.0M, total debt $7.6M (finance leases); net cash position $15.4M; undrawn ABL $26.8M.","Canada revenues drove growth; international revenue rose on Middle East and North Sea projects.","CEO cites cautious optimism but flags risks from global trade tensions and potential tariffs on Q2 and H2."],"consensus_eps_estimate":null,"consensus_eps_actual":1.51,"consensus_revenue_estimate":null,"consensus_revenue_actual":50005000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176419,"accession_number":"0001437749-25-006835","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2025-03-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"NCS Multistage Q4 2024 revenue +28% YoY to $45M; FY net income $6.6M vs loss in 2023","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $3.5M ($1.32 diluted EPS) vs $39.6M ($15.80) year ago which included $40.8M litigation reversal.","Full-year revenue $162.6M (+14% YoY); adjusted EBITDA $22.3M, up 87% from $11.9M in 2023.","International revenue hit record $16.5M (10% of total), up from 5% in 2023.","Cash $25.9M, debt $8.1M; free cash flow after distributions $9.9M, up $7.3M YoY.","Expects 2025 revenue to outperform underlying industry growth but flags FX headwind from US$/CAD strength."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":193271,"accession_number":"0001437749-24-032630","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"NCS Multistage Q3 revenue $44M (+15% YoY); EPS $1.60; Adj EBITDA $7.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $44.0M, up 15% YoY, driven by international and U.S. product sales, Canada product and services.","Net income $4.1M ($1.60 diluted EPS) vs $4.4M ($1.77) a year ago; adjusted EBITDA $7.1M, up $0.3M YoY.","Cash $15.3M, total debt $8.6M; undrawn ABL facility of $21.7M; net cash position $6.7M.","International revenue up 124% in first nine months vs 2023; 10% of total revenue vs 5% last year.","Q4 guidance: revenue expected to decline 5-15% sequentially in each market due to year-end activity reductions."],"consensus_eps_estimate":null,"consensus_eps_actual":1.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":117554000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":209631,"accession_number":"0001437749-24-024123","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"NCS Multistage Q2 revenue up 17% to $29.7M; net loss narrows to $3.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $29.7M (+17% YoY); net loss $(3.1)M vs $(32.2)M loss in Q2 2023 (included $24.9M litigation provision).","Adjusted EBITDA $0.9M, improvement of $3.2M YoY; adjusted EBITDA margin 3% vs (9)%.","Gross margin 38% (up from 31%); adjusted gross margin 40% (up from 33%).","Cash $18.6M; total debt $8.9M (finance leases); free cash flow less distributions $3.2M in H1 2024 vs -$2.0M.","Q3 revenue expected to improve YoY and sequentially; U.S. activity seen down 5-10% in 2024; international up ~5%."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":73548000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227750,"accession_number":"0001437749-24-018253","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2024-05-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"NCS Multistage shareholders elect directors, ratify auditor, approve say-on-pay at 2024 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected three Class I directors (McShane, Grewal, Mitchell) each with >1.7M votes for.","Ratified Grant Thornton LLP as independent auditor for FY2024: 2,086,380 for, 35,490 against.","Advisory say-on-pay approved: 1,872,896 for, 30,037 against, 7,377 abstentions.","Total votes cast: 2,125,956 (85.5% of eligible 2,485,708 shares)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227749,"accession_number":"0001437749-24-014184","cik":1692427,"company_name":"NCS Multistage Holdings, Inc.","ticker":"NCSM","form_type":"8-K","filed_at":"2024-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"NCS Multistage Q1 net income $2.1M vs loss year ago; rev $43.9M up 1% YoY, adj EBITDA $6.1M margin 14%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $43.9M (+1% YoY, +24% seq); net income $2.1M ($0.82 diluted EPS) versus net loss $15.0M ($6.10 loss per share) in Q1 2023.","Adjusted EBITDA $6.1M (+$1.2M YoY); margin improved to 14% from 11% on lower SG&A and higher other income.","SG&A expense fell $2.3M to $13.8M via restructuring benefits; gross margin 39% vs 41% on higher steel costs and labor inflation.","Cash $14.0M, total debt $8.9M; undrawn ABL facility of $20.4M; working capital $73.7M up from $71.2M.","Management expects Q2 sequential revenue growth in U.S. and international ops but seasonal decline in Canada; full-year 2024 revenue and Adjusted EBITDA improvement expected."],"consensus_eps_estimate":null,"consensus_eps_actual":0.82,"consensus_revenue_estimate":null,"consensus_revenue_actual":43858000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":116843755.98732173,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}