earnings
confidence high
sentiment positive
materiality 0.80
NOW Inc. Q2 revenue $539M, EPS $0.23; authorizes $80M share buyback
DNOW Inc.
2022-Q2 EPS reported
$0.50
revenue$1,012,000,000
- Revenue $539M, net income $26M, diluted EPS $0.23; non-GAAP EPS $0.26.
- Non-GAAP EBITDA $47M (8.7% of revenue); record profitability.
- Raised FY2022 revenue guidance to +30% YoY; EBITDA ~7% of revenue.
- Board authorized $80M share repurchase program through Dec 31, 2024.
- Cash $232M, zero debt, total liquidity $574M.