NOW Inc. Q3 rev $439M, EPS $0.05; EBITDA $15M; sees FY21 EBITDA up ~$90M

DNOW Inc.

2021-Q3 EPS reported -$0.06 revenue$1,200,000,000

Revenue $439M, 10% sequential growth; net income $5M, diluted EPS $0.05.
Non-GAAP EBITDA excl. costs $15M; free cash flow $22M; cash $312M, zero debt.
Record gross margins; expects FY21 revenue flat vs 2020 but EBITDA near $90M improvement.
CEO cites better-than-expected results despite supply chain and pandemic headwinds.

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