secwatch.observer — SEC 8-K summary
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Issuer:     DNOW Inc. (DNOW)
CIK:        0001599617
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001193125-22-210547
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NOW Inc. Q2 revenue $539M, EPS $0.23; authorizes $80M share buyback
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1599617/000119312522210547/0001193125-22-210547-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1599617/000119312522210547/d380992d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-210547

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