Newpark Q3 revenue $44.2M, down 23%; completes Fluids sale, reports ransomware incident

NPK International Inc.

2024-Q3 EPS reported -$1.82 revenue$159,965,000

Revenue $44.2M, operating income $1.2M; GAAP diluted EPS $0.17 from continuing ops (includes $14.6M tax benefit).
Industrial Solutions segment revenue $44.2M, operating income $7.3M (down from $14.3M), due to customer shifts, weather, maintenance.
Completed sale of Fluids Systems for $70M cash; now pure-play site access solutions; cash $43M, debt $14M.
Detected ransomware incident Oct 29; disruptions but operations continued; believes not materially impactful.
October rental volume set new monthly record; expects meaningful Q4 revenue improvement.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.