earnings
confidence high
sentiment positive
materiality 0.85
Nine Energy Q3 revenue $167.4M beats guidance; net income $14.3M, adjusted EBITDA $32.6M
Nine Energy Service, Inc.
2022-Q3 EPS reported
$0.20
revenue$426,713,000
- Revenue of $167.4M, above guidance of $145-155M; up 18% sequentially.
- Adjusted EBITDA $32.6M; basic EPS $0.46, adjusted EPS $0.39.
- Repurchased $13.0M face value senior notes for $10.1M; $307.3M notes outstanding.
- Liquidity $88.2M; operating cash flow $15.1M; capex $4.6M.
- Q4 revenue expected flat sequentially; growth seen Q1 2023; received ~$10M international orders.