secwatch.observer — SEC 8-K summary
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Issuer:     Nine Energy Service, Inc. (NINE)
CIK:        0001532286
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001193125-21-318568
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nine Energy Service Q3 2021 revenue $92.9M, net loss $(16.1)M, revenue slightly below guidance
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- Revenue of $92.9M, up 9% sequentially but below guidance of $95-103M; basic loss per share $(0.53).
- Adjusted EBITDA of $4.5M; adjusted net loss $(15.7)M, adjusted basic loss per share $(0.51).
- Labor constraints in Permian Basin hindered wireline jobs; Q4 revenue expected flat to slightly up.
- Total liquidity $85.4M as of Sept 30, 2021 ($30.0M cash + $55.4M revolver availability).
- Capital expenditures $2.1M in Q3, $4.9M year-to-date; Completion Tool and Coiled Tubing performed well.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532286/000119312521318568/0001193125-21-318568-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532286/000119312521318568/d254823d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-318568

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer