{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-014184","form_type":"8-K","ticker":"NCSM","cik":"0001692427","company_name":"NCS Multistage Holdings, Inc.","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.631459+00:00","generated_at":"2026-06-03T03:02:40.372140+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":"NCS Multistage Q1 net income $2.1M vs loss year ago; rev $43.9M up 1% YoY, adj EBITDA $6.1M margin 14%","bullets":["Total revenue $43.9M (+1% YoY, +24% seq); net income $2.1M ($0.82 diluted EPS) versus net loss $15.0M ($6.10 loss per share) in Q1 2023.","Adjusted EBITDA $6.1M (+$1.2M YoY); margin improved to 14% from 11% on lower SG&A and higher other income.","SG&A expense fell $2.3M to $13.8M via restructuring benefits; gross margin 39% vs 41% on higher steel costs and labor inflation.","Cash $14.0M, total debt $8.9M; undrawn ABL facility of $20.4M; working capital $73.7M up from $71.2M.","Management expects Q2 sequential revenue growth in U.S. and international ops but seasonal decline in Canada; full-year 2024 revenue and Adjusted EBITDA improvement expected."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-014184","json":"https://secwatch.observer/filing/0001437749-24-014184.json","markdown":"https://secwatch.observer/filing/0001437749-24-014184.md","text":"https://secwatch.observer/filing/0001437749-24-014184.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692427/000143774924014184/0001437749-24-014184-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692427/000143774924014184/ncsm20240208_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:02:40.372140+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":"c4f1f08f78190429093edab655be85ae46672d59","claim":"NCS Multistage Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $43.9 million, net income $2.1 million, EPS $0.82 per diluted share.","evidence_excerpt":"Total revenues of $43.9 million, a 1% year-over-year increase and a 24% increase compared to the fourth quarter of 2023 ● Net income of $2.1 million and earnings per diluted share of $0.82","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692427/000143774924014184/0001437749-24-014184-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$43.9 million"},{"label":"Net income","value":"$2.1 million"},{"label":"EPS","value":"$0.82 per diluted share"},{"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"}