NOW Inc. Q4 revenue $547M, EPS $0.28; FY revenue up 31% to $2.13B

DNOW Inc.

2022-FY EPS reported $1.13 revenue$2,136,000,000

Q4 revenue $547M; net income $32M ($0.28 diluted EPS); non-GAAP EPS $0.25.
FY2022 revenue $2.13B (+31% YoY); gross margin 23.7%; EBITDA $175M (8.2% of revenue).
Completed two Dec 2022 acquisitions for $59M cash—greenhouse gas reduction tech and pump strategy.
Zero long-term debt, $212M cash, $564M liquidity; $3M stock repurchased in Q4.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

DNOW Inc. reported the fourth quarter ended December 31, 2022 results: revenue $547 million, net income $32 million, EPS $0.28.

Period: the fourth quarter ended December 31, 2022
Revenue: $547 million
Net income: $32 million
EPS: $0.28
Result: reported results

Exact text from the filing

• Revenue was $547 million for the fourth quarter of 2022 • Net income attributable to NOW Inc. was $32 million and non-GAAP net income attributable to NOW Inc. excluding other costs was $29 million for the fourth quarter of 2022 • Diluted earnings per share attributable to NOW Inc. stockholders was $0.28 and non-GAAP diluted earnings per share attributable to NOW Inc. stockholders excluding other costs was $0.25 for the fourth quarter of 2022

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Source: SEC EDGAR

accession 0001193125-23-040695

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