{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-024123","form_type":"8-K","ticker":"NCSM","cik":"0001692427","company_name":"NCS Multistage Holdings, Inc.","filed_at":"2024-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.133476+00:00","generated_at":"2026-05-31T14:25:55.932523+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NCS Multistage Q2 revenue up 17% to $29.7M; net loss narrows to $3.1M","bullets":["Revenue $29.7M (+17% YoY); net loss $(3.1)M vs $(32.2)M loss in Q2 2023 (included $24.9M litigation provision).","Adjusted EBITDA $0.9M, improvement of $3.2M YoY; adjusted EBITDA margin 3% vs (9)%.","Gross margin 38% (up from 31%); adjusted gross margin 40% (up from 33%).","Cash $18.6M; total debt $8.9M (finance leases); free cash flow less distributions $3.2M in H1 2024 vs -$2.0M.","Q3 revenue expected to improve YoY and sequentially; U.S. activity seen down 5-10% in 2024; international up ~5%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-024123","json":"https://secwatch.observer/filing/0001437749-24-024123.json","markdown":"https://secwatch.observer/filing/0001437749-24-024123.md","text":"https://secwatch.observer/filing/0001437749-24-024123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692427/000143774924024123/0001437749-24-024123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692427/000143774924024123/ncsm20240516_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T14:25:55.932523+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}