---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-062334"
form_type: "8-K"
ticker: "NINE"
cik: "0001532286"
company_name: "Nine Energy Service, Inc."
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:29:59.198419+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nine Energy Q4 revenue $144.1M, net loss $10.3M; FY adjusted EBITDA $73.0M

## Summary
- Full year 2023 revenue $609.5M, net loss $32.2M, adjusted EBITDA $73.0M; Q4 revenue $144.1M, net loss $10.3M.
- Stinger dissolvable units sold up 18% YoY; international revenue up 16% YoY despite US rig count down 20%.
- Capital structure: new 2028 senior secured notes; ABL facility extended; prior notes redeemed.
- Q1 2024 revenue expected relatively flat vs Q4; no catalyst for near-term activity increase.
- Liquidity: cash $30.8M, $28.1M revolver availability; total liquidity $58.9M; $5M revolver paydown post-quarter.

## SEC filing metadata
- accession: 0001193125-24-062334
- form_type: 8-K
- ticker: NINE
- cik: 0001532286
- company_name: Nine Energy Service, Inc.
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1532286/000119312524062334/0001193125-24-062334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1532286/000119312524062334/d805833d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-062334
- JSON: https://secwatch.observer/filing/0001193125-24-062334.json
- Plain text: https://secwatch.observer/filing/0001193125-24-062334.txt

## Key facts
- Earnings Releases
  Nine Energy Service, Inc. reported year ended December 31, 2023 results: revenue $609.5 million, net income $(32.2) million, EPS $(0.97) per diluted share.
  - Period: year ended December 31, 2023
  - Revenue: $609.5 million
  - Net income: $(32.2) million
  - EPS: $(0.97) per diluted share
  - Result: reported results
  source text: For the year ended December 31, 2023, the Company reported revenues of $609.5 million, net loss of $(32.2) million, or $(0.97) per diluted share and $(0.97) per basic share, and adjusted EBITDA of $73.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532286/000119312524062334/0001193125-24-062334-index.htm
- Earnings Releases
  Nine Energy Service, Inc. reported quarter ended December 31, 2023 results: revenue $144.1 million, net income $(10.3) million, EPS $(0.30) per diluted share.
  - Period: quarter ended December 31, 2023
  - Revenue: $144.1 million
  - Net income: $(10.3) million
  - EPS: $(0.30) per diluted share
  - Result: reported results
  source text: Nine Energy Service, Inc. (“Nine” or the “Company”) (NYSE: NINE) reported fourth quarter 2023 revenues of $144.1 million, net loss of $(10.3) million, or $(0.30) per diluted share and $(0.30) per basic share, and adjusted EBITDA of $14.6 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532286/000119312524062334/0001193125-24-062334-index.htm

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