NOV reports Q1 2023 revenue of $1.96B, net income $126M ($0.32 EPS)

NOV Inc.

2023-Q1 EPS reported $0.32 revenue$1,962,000,000

Revenue $1.96B, down 5% sequentially, up 27% year-over-year.
Operating profit $126M, up $147M from prior-year quarter.
Net income $126M, or $0.32 per diluted share.
Adjusted EBITDA $195M, up $92M year-over-year.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NOV Inc. reported the quarter ended March 31, 2023 results: revenue $1.96 billion, net income $126 million, EPS $0.32 per fully diluted share.

Period: the quarter ended March 31, 2023
Revenue: $1.96 billion
Net income: $126 million
EPS: $0.32 per fully diluted share
Result: reported results

Exact text from the filing

Revenue of $1.96 billion, down 5% sequentially and up 27% year-over-year • Operating Profit of $126 million, down $36 million sequentially and up $147 million year-over-year • Net Income of $126 million, or $0.32 per fully diluted share • Adjusted EBITDA* of $195 million

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Source: SEC EDGAR

accession 0000950170-23-015068

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