secwatch.observer — SEC 8-K summary
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Issuer:     Nine Energy Service, Inc. (NINE)
CIK:        0001532286
Form:       8-K
Filed at:   2022-03-07T23:59:59+00:00
Accession:  0001193125-22-068089
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nine Energy Service Q4 revenue $105.1M beats guidance; full year net loss $64.6M
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- Q4 revenue $105.1M, above guidance of $92-100M; net loss $15.7M, adjusted EBITDA $4.6M.
- Full year 2021 revenue $349.4M, net loss $64.6M, adjusted EBITDA $5.2M; basic loss per share $2.13.
- Q4 basic loss per share $0.52; adjusted basic loss per share $0.52.
- Market share of U.S. stages completed grew from ~20% to ~22% in 2021; Stinger Dissolvable plug sales up >400%.
- Liquidity $64.7M as of Dec 31, 2021; capex $14.8M, below $15-20M guidance; expects sequential revenue growth in Q1 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532286/000119312522068089/0001193125-22-068089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532286/000119312522068089/d321202d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-068089

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