---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-202985"
form_type: "8-K"
ticker: "NINE"
cik: "0001532286"
company_name: "Nine Energy Service, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:07:48.144707+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nine Energy Q2 revenue $161.4M, net loss $2.5M; Q3 outlook down; director resigns

## Summary
- Revenue $161.4M (within guidance $158-166M), net loss $(2.5)M or $(0.08) per share.
- Adjusted EBITDA $21.7M; gross profit $24.2M; adjusted gross profit $34.0M.
- CEO: Q3 revenue and earnings expected to be down sequentially due to rig-count declines and pricing pressure.
- Director David C. Baldwin resigned effective Aug 3, 2023 for personal reasons; no disagreement with company.
- Total liquidity $60.1M ($41.1M cash, $19M revolver availability) as of June 30, 2023.

## SEC filing metadata
- accession: 0001193125-23-202985
- form_type: 8-K
- ticker: NINE
- cik: 0001532286
- company_name: Nine Energy Service, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1532286/000119312523202985/0001193125-23-202985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1532286/000119312523202985/d524399d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-202985
- JSON: https://secwatch.observer/filing/0001193125-23-202985.json
- Plain text: https://secwatch.observer/filing/0001193125-23-202985.txt

## Key facts
- Earnings Releases
  Nine Energy Service, Inc. reported second quarter 2023 results: revenue $161.4 million, net income $(2.5) million, EPS $(0.08) per diluted share.
  - Period: second quarter 2023
  - Revenue: $161.4 million
  - Net income: $(2.5) million
  - EPS: $(0.08) per diluted share
  - Result: reported results
  source text: Nine Energy Service, Inc. (“Nine” or the “Company”) (NYSE: NINE) reported second quarter 2023 revenues of $161.4 million, net loss of $(2.5) million, or $(0.08) per diluted share and $(0.08) per basic share, and adjusted EBITDA of $21.7 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532286/000119312523202985/0001193125-23-202985-index.htm
- Executive change
  David C. Baldwin resigned as Director at Nine Energy Service, Inc..
  - Action: resigned
  - Role: Director
  source text: On July 31, 2023, David C. Baldwin submitted his resignation as a member of the board of directors of the Company, effective as of August 3, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532286/000119312523202985/0001193125-23-202985-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.