{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-135035","form_type":"8-K","ticker":"DNOW","cik":"0001599617","company_name":"DNOW Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.600247+00:00","generated_at":"2026-06-15T22:03:10.840303+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NOW Inc. Q1 2023: Revenue $584M (up 7% seq), EPS $0.28, share buyback $36M, two acquisitions completed","bullets":["Revenue $584M, up 7% sequentially despite lower U.S. rig counts and weaker oil/gas prices.","Diluted EPS $0.28 (non-GAAP $0.25); EBITDA $47M (8.0% of revenue).","Repurchased ~3M shares for $36M in Q1; $168M cash, zero debt, $555M liquidity.","International segment posted 28% sequential revenue growth; operating profit highest since 2014.","After quarter-end, completed two acquisitions strengthening U.S. Process Solutions business."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-135035","json":"https://secwatch.observer/filing/0001193125-23-135035.json","markdown":"https://secwatch.observer/filing/0001193125-23-135035.md","text":"https://secwatch.observer/filing/0001193125-23-135035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1599617/000119312523135035/0001193125-23-135035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1599617/000119312523135035/d272669d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:03:10.840303+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3527b350b8ebfce23fbc4a5d7f90faa33f11f42e","claim":"DNOW Inc. reported first quarter ended March 31, 2023 results: revenue $584 million, net income $31 million, EPS $0.28.","evidence_excerpt":"NOW Inc. (NYSE: DNOW) announced results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights • Revenue was $584 million for the first quarter of 2023 • Net income attributable to NOW Inc. was $31 million and non-GAAP net income attributable to NOW Inc. excluding other costs was $28 million for the first quarter of 2023 • 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 first quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1599617/000119312523135035/0001193125-23-135035-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$584 million"},{"label":"Net income","value":"$31 million"},{"label":"EPS","value":"$0.28"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}