secwatch.observer — SEC 8-K summary
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Issuer:     Nine Energy Service, Inc. (NINE)
CIK:        0001532286
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001193125-24-132025
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nine Energy Q1 revenue $142.1M, net loss $8.1M; expects Q2 revenue down
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- Revenue of $142.1M, within guidance of $135–$145M; adjusted EBITDA $15.0M.
- Net loss of $8.1M ($0.24 per diluted share); gross profit improved vs Q4.
- Surpassed 60,000 Stinger Dissolvable Plug units sold since launch in Q1 2020.
- Expects Q2 revenue to decline due to lower natural gas prices and cementing pricing pressure.
- Cash and equivalents $10.2M; liquidity $37.5M; no Excess Cash Flow offer to noteholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532286/000119312524132025/0001193125-24-132025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532286/000119312524132025/d793264d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-132025

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