secwatch.observer — SEC 8-K summary
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Issuer:     Nine Energy Service, Inc. (NINE)
CIK:        0001532286
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001193125-24-248771
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nine Energy Q3 revenue $138.2M beats guidance; net loss narrows to $(10.1M)
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- Revenue of $138.2M beat guidance ($127-137M); up ~4% QoQ despite ~3% US rig count decline.
- Net loss improved to $(10.1M) ($0.26 per share) vs prior quarter; adjusted EBITDA $14.3M, up ~47% QoQ.
- Cementing revenue rose ~12% QoQ; G&A expense $12.4M; D&A $9.0M.
- Total liquidity $43.3M (cash $15.7M + revolver availability $27.6M); capex $3.6M in Q3.
- Q4 revenue and profitability expected to decline due to seasonality and lower international tool sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532286/000119312524248771/0001193125-24-248771-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532286/000119312524248771/d901114d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-248771

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